Sunday, March 06, 2011

Would you believe a post a month?

I plead tax season.

Mostly I'm scared to post about oil. Either I post something that will look foolish in a month, or something useless.

Anyhow, to be useful:

NEW or EXTENDED for 2011

  • The American Opportunity Tax Credit for tuition expenses was extended for 2011 with a credit of up to $2,500.

  • Employees will pay only 4.2% payroll taxes for 2011, while self-employed individuals will pay only 10.4% on income up to $106,800.

The Child Tax Credit of $1,000 per child has been extended for 2011 for married individuals earning less than $110,000 and for head-of-household filers earning less

So go somewhere exciting