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Waynedale Business

PUT YOUR TAX REFUND TO WORK

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It’s Tax Refund Season again. This year, if you’re going to get a check from your Uncle Sam, why not put it to work to help you meet your financial goals?

Last year, the average tax refund was more than $2,700, according to the IRS. The size of your refund, or whether you will get one at all, depends on your individual circumstances. But if you are going to get a refund, plan ahead for what you’ll do with it. Here are a few possibilities:

Pay down some debts. In these difficult economic...

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FREE MONEY? YES.

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Stimulus money for you?

Real Estate Today.

 

$8,000 TAX CREDIT

This past year your federal government is providing you with money to purchase a home. YES, the program actually works. Let me explain how simple it is to obtain this money when buying a home.

If you are a first time homebuyer and haven’t owned a home for the past three (3) years, you may qualify. The $8,000 tax credit is based on 10% of the sale price of at least $80,000 or less. Yes, you could even receive (depending on your...

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TIPS ABOUT THE FIRST-TIME HOMEBUYER CREDIT

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Special Edition Tax Tip 2010-02

 

Claiming the First-Time Homebuyer Tax Credit on your 2009 tax return might mean a larger refund but it can seem complex. Are you confused about the documentation requirements? The IRS recognizes that the settlement documents can vary from location to location, so here are five tips to clarify the documentation requirements.

 

1. Settlement Statement: Purchasers of conventional homes must attach a copy of Form HUD-1 or other properly executed Settlement...

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PROTECT YOURSELF FROM MEDICARE FRAUD

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The Indiana Association of Area Agencies on Aging wants older adults and persons with disabilities to be vigilant as they review their first Medicare Summary Notice (MSN) of the new year.

“The Medicare Summary Notice or MSN is not a bill and it comes out every 3months. It’s important to read over the MSN and check for abnormalities or inconsistencies,” said the Tamra Simpson, Indiana SMP Project Director.

“Second, it is important to read your MSN carefully to make sure that the services...

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A YEAR AFTER MARKET LOW, HOW SHOULD YOU INVEST?

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It’s been about a year since stock prices hit their low point during the long bear market. Since then, of course, we’ve seen a big rally, but some of the decisions you made when the market was at its lowest point may still be affecting your portfolio’s performance and prospects. So now that we’ve reached the one-year anniversary of the market bottom, it’s a good time to see where you are today and how you can prepare for tomorrow.

In looking back at the market depths of a year ago, it’s...

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SCHOOL OF BUSINESS AND LEADERSHIP ANNOUNCES WINNERS

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The Keith Busse School of Business and Entrepreneurial Leadership at the University of Saint Francis has announced the winners of its second annual student business plan competition.

The first place team was Justin Vela of Roanoke, Indiana and Derrick Shereck of LaGrange, Indiana for their business plan, “Easylessonsnow.” Easylessonsnow is an Internet site that offers quality instructional videos and allows for direct communication with each instructor. Second place went to John “Alex” Jones...

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