Or in several cases I should say the Angel. These are some sweet credits we are all paying to get. I'll take last weeks list and expand on what we know so far.



1. Nothing that I have been able to locate yet that will directly impact HS money, like tax breaks for that type of income.

Still nothing new here.



2. People on unemployment will receive an extra $25 a week, a longer time to draw benefits, and the first $2400 will be tax exempt on their federal… Continue

Here is an overview of what the new Economic Stimulus package is going to mean to your taxes. Please remember that there are a lot of specifics that haven't been announced yet, so these are mostly generalizations.

1. Nothing that I have been able to locate yet that will directly impact HS money, like tax breaks for that type of income.

2. People on unemployment will receive an extra $25 a week, a longer time to draw benefits, and the first $2400 will be tax exempt on their federal… Continue

There are a lot of people who put a bunch of time into this site and into The Shale. So, the question is, why? I started out just looking for information for my tax clients and then myself. Then I got into going to area meetings and briefing on tax stuff for H&R Block.

Now I feel like this is more. Not only have I learned a lot, been able to help my clients, and answered some questions (to the best of my ability) for some fellow Shalers; but I feel like I've found someplace to express… Continue

Anyone go to the BPCC thing Tuesday night? I was there and was very disappointed in the speakers. There was very little new info and most of the speakers were obviously on the "side" of the O&G companies. (Take "side" however you wish) I was out in the lobby handing out flyers about income tax effects of lease/royalty income and heard a lot of people leaving saying the same thing. The person they put up for "asset management" was good, if at this point what you are worried about is dying… Continue

This thing is going to have a big impact on taxes, social security and medicare benefits for people when they get money. Yet I've seen virtually nothing in the media or on websites about it.

I'll be right up front, I work for H&R Block during the tax season and have over 20yrs experience. But for the record, I am NOT pushing Block on anyone. Besides advice and questions are always free. ;-)

I've gone to a couple of meetings to brief on this and would like to go to as many more as… Continue