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 […]
Forbes has release the latest listing of the Worlds Richest Men and the man on top is Warren Buffet. It was once hip to be in technology and be able to take over the world. Given the recent economic events, it now makes sense to own real assets such as Insurance Companies, Clothing Manufacturer, Jewelry […]
The week started off with week earnings from Nordstrom, reporting that they are in for a tough 2008, followed by a report by the National Association of Realtors that existing home sales slipped in January 2008. Sales fell .4 percent to 4.89 million units in January 2008, 23.4 percent below January 2007 6.44 million-units. […]
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 […]
Last week FreedomWorks released a Wharton study titled “The Inequity of Subprime Mortgage Relief Programs“. This study has extensive research including the distribution of subprime mortgage debt outstanding. Interestingly enough you may be surprised at the distribution. Below is an excerpt of the analysis showing California, Florida, New York and Texas with the greatest Subprime […]
