Monday, January 28, 2013
H&R Block is ready in Gwinnett, and has a special offer for 1040EZ filers.
In the post-fiscal cliff world of 2013, it's coming up on income tax season again. And a well-known tax business is ready with a special offer. According to its website, well-known tax preparer H&R Block will prepare and file your federal income tax return for free through February 15, if you file the 1040 EZ form. And Block will have satellite offices throughout Gwinnett, including at Walmart in Suwanee. The block "free" offer carries the following conditions: Also, Block will charge $39 to file state tax returns for such filers. The IRS has said it will begin accepting 2012 tax returns on January 30, 2013. You might also enjoy reading: Don’t miss any Suwanee or Gwinnett news. Subscribe to Suwanee Patch’s free newsletter, like us on …
Wednesday, January 9, 2013
The agency is retooling after the massive 'fiscal cliff' legislation.
Updated 2:25 p.m., January 10 The IRS has served notice that most U.S. income tax filers can being filing 2012 tax returns on January 30, 2013. The timetable had been questioned because of the so-called fiscal cliff legislation signed into law earlier in January. According to Forbes magazine, the nation's bill collector says it will begin processing tax returns for most filers at the end of January. There are forms and instructions to revamp, as well as computers to retool, according to Forbes. Although the IRS says that it worked to anticipate Congress’ changes, the new law required the IRS to do considerable updating and processing before starting the annual tax routine. However, some taxpayers will need to wait until late February or …
Wednesday, January 2, 2013
It's 'all dessert and no vegetables,' the Gwinnett congressman says.
Wednesday, January 2
U.S. Representative Rob Woodall, whose district includes Suwanee, issued the following statement after the House passed H.R. 8, a bill to address the so-called “fiscal cliff.” Woodall voted for the original proposal in August but voted against the bill as amended by the Senate on Monday, Jan. 1. The Senate’s bill is all dessert and no vegetables. It puts into permanent law the campaign promise on which President Obama ran: ‘You can have all the government that you desire and you won’t be asked to pay even a penny for it.’ That promise is destroying America, and I will fight it with every fiber of my being. Spending is the problem in Washington, not tax revenue. Yet the Senate's bill does nothing to curtail spending. In fact, it both …
Tuesday, January 1, 2013
A summary of the deal reached early Tuesday, January 1. Share your thoughts.
In the wee hours of January 1, 2013, Senate leaders reached agreement on legislation designed to avert the so-called "fiscal cliff." By an 89-9 vote, the Senate passed a package that would put off budget cuts for two months and preserve Bush-era income tax cuts for individuals earning less than $400,000 or couples earning less than $450,000. However, workers still will see a reduction in take-home pay in 2013, as the payroll-tax rate will return to 6.2 percent. The measure now goes to the Republican-conrolled House. The House is scheduled to meet at noon Eastern time Tuesday. Some highlights of the so-called McConnell-Biden plan: The entire Senate bill can be reviewed here. The New York Times reported that the debt limit was not part of …
Sunday, December 30, 2012
President Obama is scheduled to be on 'Meet The Press' on Sunday morning. What will he propose?
The crucial "fiscal cliff" financial scenario for the United States has come down to the last two days of 2012. No deal is done, but both President Obama and congressional leaders say they are working toward a solution. If no deal emerges, automatic tax increases would go into effect in 2013 for most Americans, which would reduce their spendable income. Also, widespread spending cuts would go into effect, which would affect many federal programs. CNN.com reported that Obama is scheduled to appear on NBC's "Meet The Press" on Sunday (10 a.m., EST). He is widely expected to call for an immediate vote by Congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits, if the congressional negotiations …
Wednesday, December 26, 2012
The financial deadline looms in Washington, with no deal yet made. Check this primer, and share your questions and thoughts.
With Christmas 2012 over, one reality check is that the looming "fiscal cliff" deadline is just a few days away. On December 31, tax cuts dating to the George W. Bush presidential term are scheduled to expire, and President Obama and congressional leaders have not reached a compromise. Of course, that means tax bills would increase for many middle- and upper-class taxpayers. And that means paycheck withholding for many workers would change, leaving them with less take-home pay in the new year. -- Do you think President Obama and Congress will reach a "fiscal cliff" deal? How would a tax increase affect your spending? Share your thoughts in the comments below. Apparently, though, there will be no immediate change in withholding tables, …
Friday, December 14, 2012
A 'letter to the editor' in response to Rep. Rob Woodall, submitted by Jason Pfeifle, field organizer for Georgia Fair Share.
Friday, December 14, 2012
(Editor's note: the following is a letter to the editor sent by Jason Pfeifle, field organizer for Georgia Fair Share, in response to Rep. Rob Woodall's letter to the editor on the 'fiscal cliff' titled "Rep. Woodall: 'I Will Not be Complicit in Kicking the Can Down the Road.'") The fiscal cliff is quickly approaching, and itʼs time for our elected officials to get something done. In a recent opinion piece in the Snellville Patch, Representative Rob Woodall called for a comprehensive solution to the pending fiscal cliff and outlined what he thinks that solution should look like: reduced government spending, increased revenue through the closing of tax loopholes, and no changes to current tax rates. But, if Rep. Woodall is so concerned …
Wednesday, December 12, 2012
Rep. Woodall discusses his thoughts on the fiscal cliff in this letter to Patch.
Wednesday, December 12, 2012
(Editor's note: the following was sent by Rep. Rob Woodall (R) as a letter to the editor to Snellville Patch. Woodall's district includes Suwanee.) If you've turned on a television or opened a newspaper in the last few weeks, you've no doubt seen the so-called "fiscal cliff" conversation unfolding in Washington. The "fiscal cliff" is Washington-speak for the expiration of Bush-era tax rates coupled with across-the-board spending cuts on many domestic spending accounts. While the fiscal cliff coverage continues to escalate as the January deadline draws near, I can tell you these discussions are absolutely nothing new. They are a continuation of every discussion that the House and the President have had during my two years in Congress: …