Many questions have come into LeadingRich.com about the eligibility of SSDI income for the 2008 economic stimulus tax payment.
According to the IRS, “Supplemental Security Income (SSI) does not count as qualifying income for the stimulus payment.”
But SSDI - Social Security Disability Income is not mentioned specifically. The IRS says “Social Security retirement or […]
So when are you getting your rebate?
This is the big question of the year. Many people are asking this question and wondering if the money they are due is an upfront payment for what they are due in 2009 or if they have to pay back the IRS with interest. There are still […]
This week was a busy week. We started on the best footing with President Bush signing the $168 Billion stimulus package. Unfortunately one other headline made a larger impact on the day and that was the House of Representatives grilling of Roger Clemens on the allegation of Steroid Use. Many of the major news organization […]
The Senate has finally approved the 2008 Economic Stimulus Package that was initiated by Nancy Pelosi. This is probably the fastest bill that has gone through both the House of Representatives and the Senate. Up to 40 million taxpayers will be eligible with this legislation and will add around $168 Billion to the […]
With economic data coming out this week showing slower growth with 2.2% growth in the fourth quarter of 2007, foreclosure rates up by 79%, the Federal Reserve has acted and dropped the Fed Funds Rate by .50% to 3.0%
We will update you with a new graph of rates and a commentary. But now what is […]
