Common and Legal Ways To Reduce Federal Taxes to the IRS

Posted February 13th, 2009

Legally Reduce Your Tax Bill
No, these tips are no big secret, but are actually published on the IRS website. They are the most common type of tax deductions and credits that can reduce your federal tax bill. I am pubishing them here, because people often overlook them. We all have to pay taxes, but there [...]

Home Prices at 5 Year Low Because of Recession and Foreclosures

Posted February 12th, 2009

Home Prices Dropped 12 Percent In The Last Quarter

Distressed sales, including foreclosures, drove the price of single family homes down to a national median rate of about $180,000.
Distressed home sales accounted for almost 40% of the sales. This done mean that this inventory is slowly being absorbed back into the economy.
Some home buyers may benefit [...]

US Unemployment at 26 Year High

Posted February 5th, 2009

Unemployment Rates Surge
Update: Friday Feb. 6 - Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation’s job climate is deteriorating at an alarming clip with no end in sight.
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New state unemployment benefit filings [...]