The Tax Preparation Blog

Posts Tagged ‘banking’

Question: How much does your health insurance cost per year?

Yes, this is a political question!

So, what is the cost? I am not asking what it costs YOU; I’m asking what amount of money is paid in total to the insurance company to cover you and your family. What you pay, and what your employer pays, combined.

Do you have any idea?

Are there any other things you buy that you have no idea what the cost is?

Do you think the fact that people are so insulated from the actual costs of health services causes the distortions in the market that result in such high prices and costs?

Do you think consumer-based, rather than government-based, solutions, like medical savings accounts and more realistic tax treatment of employer-purchased benefits (treating it as taxable income and giving people an offsetting tax deduction or benefit) would be a better solution to people’s present concerns?

Thanks.

Answer: I know exactly what mine is, since I pay it, and it is a lot…but I would rather pay a lot than have the government run my healthcare.

2009 in review: Brazoria County timeline

1 – Kami Ann-Alyse Wilson becomes the first baby born in Brazoria County in 2009. Mom Jaci Wilson, who shares her birthday, was the first baby born in Wilson County in 1983.

Kidney Health Australia – KHA Comms – Channel 7 Today Tonight 161209

I recently became a member of a savings and benefits club that allowed me to save on everyday purchases.

Additionally there is an extensive list for professional services such as dental, hearing, vision, doctor
visits that you can save money on.

Although I do not purchase medications I do buy pet meds which are reduced in price through our membership with significant savings even after shipping cost included [when they apply.] Shopping online saves time and [gas]money, I prefer the convenience of products shipped to my door versus dealing with errands and traffic.

Finding ways to save on the family budget and getting the most value for our purchases has become more important these days for many families with increased cost of living expenses & income earners laid off or jobs eliminated.

Another feature to your membership is savings for office visits on medical, dental, vision etc. Reduced costs can save families money that have lost employee insurance benefits.

Simply print out your membership ID card which is valid for the entire family. When Contacting these DISCOUNTED PROVIDERS, please have your Discount Card with MEMBER ID Available. This is NOT Insurance.

The ‘Savings Spider’ lists all in one location national discounts (varies by region) on commonly bought goods from groceries to toiletries. Weekly specials are listed with additions for promotional free items or ‘double value’ coupon promotions.

CVS
There are a number of items on sale weekly that will be FREE after ECB. This is a great time to stock up on more school supplies. An ECB is an Extra Care Buck coupon that prints out at the bottom of your CVS receipt when you buy qualifying items. It’s like an instant rebate. Instead of sending away to get your rebate, it prints out right after you buy the product.

Walgreens
Walgreens also has a rebate program called Register Rewards. Just like ECB’s, the coupon (called a Register Reward and also known as an RR) prints out at the end of the transaction.

Rite Aid
Rite Aid has a rebate program called Single Check Rebates (SCR). With this program, you purchase the rebate items listed in the monthly single check rebate booklet . If you use a manufacturer coupon to lower the cost, you will still receive the full rebate amount listed in the booklet (unless otherwise specified). Sometimes this means you make money on the item. If the toothpaste is on sale for $2.99 and the rebate amount is for $2.99, it will be free after rebate. If you also have a $1 manufacturer coupon, you only pay $1.99 at the register (plus tax, if applicable) but you will actually receive the full $2.99 rebate. That’s known as a money maker!

Need something from the mall? Why drive and hassle with traffic and parking? Participating stores from [A-Z] Automotive Warehouse to (Z) Walmart pay cash back dividends on every purchase.

Membership has many valuable benefits. / List of Member Benefits

-National Discounts – SAVE on RESTAURANTS. GROCERIES, Even CASH BACK Bonuses from ONLINE PURCHASES

-Medical Discounts – You can save on Vision, Dental, Hearing, Surgery and Prescription Medications

-Pet Meds – Save on Pet Medications

-Entertainment Discounts – Get Discounted Passes to Movies, Theme Parks, and Events

-Mortgage software – Did you know there’s a SECRET on how to payoff your mortgage in less than 30 years without making EXTRA Payments? Let us share this with you. We even have a built in calculator that will give you the Month by Month Scenario.

-Nutritional Expert – Instruction on eating properly and healthy. Learn how to lose those unwanted pounds. What’s Healthy and WHAT isn’t.

-Medical Doctor -Get daily medical updates of what’s happening in the Medical World

-Dr. Forex – How to trade on the Forex market by a professional. Dr. Forex has been trading on the Forex Market for over 17 years with massive success! Come and Learn what his secret is

-Event Planner – Learn the INSIDE tips to saving money on your next big EVENT! Whether it’s a Wedding or Special Occasion…. This Even Planning Expert has the ANSWERS

-Animal Therapist -Listen to this TESTIMONIAL How to handle your pet and other animals. Did you know that you could get your dog to stop jumping up on people? – SIMPLE TECHNIQUES written by this incredible Animal Therapist.

-Personal Development Coach – The POWER OF POSITIVE thinking! Let our very own Motivational Speaker, and Development coach teach you how to make extra money in Network Marketing. Build your self esteem, and learn from a 25 year Networking Veteran

-Internet Tool Box -Free stuff from the internet all in one place like virus software, food planners, free conference calls, uploading large files and more

-Illusionist… DAN CAIN – Learn how to perform some of the GREATEST TRICKS! Many of these illusions are written by Dan Cain HIMSELF

-Dancing – Learn how to dance with a 10X National Champion as a Dance Instructor.

-Chef Plus – Prepare, cook, and present like a chef. Some of the MOST incredible recipes uploaded weekly

-Fitness Guru – So you want to go through a BOOT CAMP training? Lose Weight, and GET IN SHAPE? Our Fitness Guru will put you through a workout like you’ve never seen before, and also fill you in on incredible diet techniques to help you lose some extra pounds.

-Lead Management System – High Quality videos, and customized lead capture pages to market your 2plus7 or ANY online business

-Web Traffic Training – Learn how to do internet marketing like the PROS! We want to help you to build your Network Marketing/Online Business… this is the place to do it

- 1040 Made EZ – Incredible computer based tax software that will help organize your expenses to make April 15th just another day on the calendar.

Come Play with Me is Friday at Westlake Porter Public Library

WESTLAKE Westlake Porter Public Library, 27333 Center Ridge Road. (440) 871-2600 or westlakelibrary.org. • Come Play With Me, 10 a.m. Friday, Jan. 8. Open playtime for ages 2-4 and their caring adults. Register one week before session.

It’s Yours | Parody of “I’m Yours” by Jason Mraz

Question: Department of Education is taking my income taxes?

The US Department of education is holding a claim against me. They are requesting to take my federal and state income taxes. I normally get about $3,500 back every year. If they take this amount, I will have my loans paid off in 4 years.

I have tried to go on a payment plan. The collection department told me they can not accept my offer. I asked to pay $100 a month. I only make $12 an hour and I am a single parent. They told me the lowest they will take is $240 a month. There is no way I can pay that.

Should I just let them take my income taxes? At least i’ll have the loan paid off in roughly 4 years. I know I am in the wrong b/c I am in default. Is any one else going through this

Answer: This is a prime example, along with comments from several of your answers to your question of why applying for FAFSA loans can destroy a person’s whole life!

FAFSA application will not allow an age less than 24 years old who cannot answer NO to any one of 7 criterion questions to meet an independent status instead of dependent status. An age less than 24 years old independent child cannot apply on their own merits must rely on parents income, who are trying to save for their retirement!

DOE is the agency that take your income taxes when you got rent due, daycare costs, grocery to buy, school uniforms, gas for a raggedy vehicle and rob your LIFE completely. Why? The government, Congress, whoever, is supposed to help citizens not make one agency ruin you while the other one in conjunction with them destroy your life. The collection agencies are JERKS, yes they’re only doing their job, heard it all before, whatever! Even when DOE take your income taxes over the next 4 years, on the 4th year when you paid up, your credit remains trashed from that day until 7 years later!!

Your entire life becomes screwed because you only wanted to better your life. The government is in cahoots with the schools/universities, which are businesses only. Universities could care less whether you graduate or not! Due to circumstances, sometime beyond your control, DOE and their collection agenciess cannot even allow you to pay $100 for a well made attempt to pay what you already know you owe. That’s the government for you!

$30 Million In Town Road Fund Grants Still Tied Up As Connecticut’s Efforts To Reduce Deficit Continue

Towns and cities will have to wait longer to get state aid for road repaving and bridge repairs.

CNN Crunches Obama and McCain Tax Plans

Question: tax question: how to report lump sum payment from foreign retirement account?

my wife (resident alient) got her retirement account paid out from here japanese employer when she quit. she paid japanese taxes on this. For the life of my I cannot figure out how to report this income and tax. form 1116? form 4972? any help is appreciated.

Answer: The U.S. and Japan have a treaty that states that income can not be double taxed by both countries. Check out www.irs.gov for more information.

Taxpayer Advocate Pushes for Fewer Tax Liens

National Taxpayer Advocate Nina Olson said the IRS needs to do better than answering only 71 percent of the calls it receives from taxpayers, and it should stop filing tax liens against people who don t have the ability to pay.

Health Care and Tax Reform