By Hudson Horizons, Posted in Blog

H&R Block responsible for the delay of over 600,000 returns claiming college tax credits. Shame on you. http://www.forbes.com/sites/janetnovack/2013/03/14/blame-congress-as-well-as-hr-block-for-college-tax-credit-mess/... read more.

• September 03, 2013
• 0 Comments

By Hudson Horizons, Posted in Blog

Noticed a decrease in your first 2013 paycheck?2 Reasons for this:The temporary reduction of employee social security rates from 2011-2012 of 4.2% expired and returned back to the 6.2% rate. Social security effects all taxpayers, not just high income earners.States with unemployment/disability/family leave insurance are typically only taken out on in the beginning of the tax year due to wage limits on these taxes. For example, NJ taxes your first $30,900 in wages. Once you make above that amount, you will n... read more.

• September 03, 2013
• 0 Comments

By Jennifer, Posted in Blog

Income tax rates have only been increased for high income earners of $400-$450K to a new top tax rate of 39.5%.Check this site for additional results from the deal following the fiscal cliff crisis - http://www.businessweek.com/articles/2013-01-10/fiscal-cliff-deal-plus-obamacare-equals-higher-taxes-on-the-rich... read more.

• September 03, 2013
• 1 Comments