2009 Taxes

Tag Archives: income

Increase Your Income with Making Money Ideas

TurboTax - Federal Free Edition

A weak economy affects everyone.  As the economy continues to weaken, more people are going to need making money ideas that actually work.  Many of the money making ideas that work in the developing world, street vendors, buying something at the store and reselling it, begging from tourists, are not suited to developed countries.  Technology is also changing business practices and the job skills required for almost any job.  The following ideas can hopefully help you develop your own strategy for making money and getting through the tough times.

Go Back to School

When jobs are scarce, school enrollments increase.  … Read more at 2009 Taxes

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Affected by the housing crisis?

TurboTax - Federal Free Edition

If you are one of the millions affected by the housing crisis, and last year managed to get your home sold to another buyer in a pre-foreclosure or short sale, then I have some good news and some bad news. If the amount that the sale was short of the mortgage debt was forgiven by your lender, as commonly happens, and you walked away from the house owing nothing, then the bad news is that the canceled debt which was forgiven is viewed as ordinary income by the IRS. It does not matter that you never saw any money, … Read more at 2009 Taxes

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