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Archive for January, 2011

Have you already received your credit or refund? Well…you might have to repay it back to the IRS.

Repaying the First-Time HomeBuyer Credit (FTHBC) 2010 was the first year the IRS started notifying taxpayers who claimed the first-time homebuyer credit of the repayment requirements. The letters explain if and when you have to repay the credit. There are 3 different situations you can be in:

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The Patient Protection and Affordable Care Act and Impact on California Tax

Franchise Tax Board – Tax News Alert! The Patient Protection and Affordable Care Act signed by the President in March of 2010, requires employee benefit plans that provide coverage for family members to cover the employee’s adult children under the age 27 whether or not they qualify

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State Contacting Income Earners Who Did Not File Tax Returns

News Release 01.18.2011 SACRAMENTO – While most people are working on their 2010 state tax returns, the Franchise Tax Board (FTB) today announced that it is contacting more than 900,000 people who did not file a 2009 state income tax return. FTB finds nonfilers by using more

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The Most Costly Threat for 1099 Contractors. Habits. Kill them or Pay Big!

In this workshop you will learn about the five most common mistakes independent contractors make and their costly consequences. Thursday, January 20 · 6:30pm – 8:00pm 23201 Lake Center Drive · Suite 100 Lake Forest · CA Cost: Free. Limited seats available.Reserve yours today! RSVP or Call: 949.954.2246

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Wealth. Do We CHOOSE it, or are we CHOSEN for it?

Does someone choose to be wealthy? Is it true that their fate and purpose was already decided, and the only thing they need to do is just to walk in the extreme wealth they have been given? I recently discovered that wealth is neither directly connected with

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Important: This website does not provide legal and financial advice. All the information on this website and blog are for educational purposes only. Please consult with your specialist before making any tax and financial decisions.