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OldMercsRule
12-19-2010, 01:04 PM
This guy remains popular, even though he clearly can't do anything right, (other then read a mean 'prompter with reverb). :happy0203:

http://www.google.com/hostednews/ap/article/ALeqM5j8W-0UCvLxjV7_KakiT8cxJMCNlQ?docId=81831a5c6bc947f6bc1 b07e648bc9809

13M get unexpected tax bill from Obama tax credit
(AP) – 3 days ago

WASHINGTON (AP) — About 13.4 million taxpayers may be getting unexpected tax bills because they were awarded too much money under President Barack Obama's Making Work Pay tax credit, a government audit said Thursday.

The tax credit, which expires Jan. 1, was designed to increase take-home pay by about $8 a week through new tax withholding tables. The credit was capped at $400 for individuals and $800 for married couples filing jointly.

Read the rest by goin' to the linc above. JR

OldMercsRule
01-01-2011, 07:44 PM
http://money.cnn.com/2010/12/31/pf/taxes/irs_filing_delay/index.htm?hpt=T2

Real fine eh?

50 million taxpayers must delay filing - IRS
By David Goldman, staff writerDecember 31, 2010: 11:14 AM ET


NEW YORK (CNNMoney) -- Itemize your tax deductions? Itching for a refund? You're going to have to wait.

The IRS said that it needs until mid- to late-February to reprogram its processing systems because Congress acted so late this year cleaning up the tax code. The bill, which includes deductions for state and local sales taxes, college tuition and teacher expenses, wasn't signed into law until Dec. 17