Filing your annual tax return with the IRS can be a pain. But this year, the pain will be worth it – even if a person does not have enough income to necessitate filing. That is because if you make under $75,000 as an individual, $150,000 if you file jointly […]
The House passed an economic stimulus package this week. The deal, brokered by Speaker Pelosi and Minority Leader Boehner, in concert with President Bush, provides a timely, temporary and targeted boost to the U.S. economy in order to avoid a looming recession or lessen its impact.
Suddenly, the economic consensus seems to be that the implosion of the housing market will indeed push the U.S. economy into a recession, and that it’s quite possible that we’re already in one.