http://thetaxforum.org Tax Information Fri, 12 Mar 2010 00:00:10 +0000 http://backend.userland.com/rss092 en The Roadmap for America's Future Act of 2010 is a detailed reform package that overhauls Social Security, Medicare, Medicaid, and the U.S. federal tax system. In a January 27, 2010, report, the Congressional Budget Office (CBO) analyzed the spending provisions of the plan. This paper presents the Tax Policy Center's ... http://thetaxforum.org/3828/preliminary-revenue-estimate-and-distributional-analysis-of-the-tax-provisions-in-a-roadmap-for-americas-future-act-2010-2.htm The Roadmap for America's Future Act of 2010 is a detailed reform package that overhauls Social Security, Medicare, Medicaid, and the U.S. federal tax system. In a January 27, 2010, report, the Congressional Budget Office (CBO) analyzed the spending provisions of the plan. This paper presents the Tax Policy Center's ... http://thetaxforum.org/3825/preliminary-revenue-estimate-and-distributional-analysis-of-the-tax-provisions-in-a-roadmap-for-americas-future-act-2010.htm Knowing that you're getting a federal tax refund is awesome, but the wait for it to land in your bank account or mailbox can be maddening. Finance blog Get Rich Slowly show us how to check the status of your refund anytime.To keep tabs on your federal tax refund as ... http://thetaxforum.org/3827/check-the-status-of-your-federal-tax-refund-online-taxes.htm President Obama’s proposal to boost the Medicare tax is a key element of the compromise health bill that looks increasingly as if it is going to become law. The Joint Committee on Taxation estimates it would generate over $180 billion over the next decade. And exactly as intended, the tax ... http://thetaxforum.org/3824/obama%e2%80%99s-medicare-unpayroll-tax.htm Today TaxMama hears from Madhu in Minnesota who needs help. “I have a peculiar case and need your opinion here. I am living & working in MN and make a lot of money. My wife lives & studies in WI and she has an on-campus job, earning enough to ... http://thetaxforum.org/3829/new-posting.htm The Los Angeles Times ran an article on March 7, 2010 by Kathy M. Kristof in the personal finance section discussing the need to either amend your existing living trust or have one prepared along with a will, durable power of attorney for property management and an advance health care ... http://thetaxforum.org/3826/it-is-time-to-prepare-your-living-trust-will-and-powers-of-attorney.htm Representative Paul Ryan (R-WI) has responded to the Tax Policy Center's analysis of the revenue portion of his Roadmap for America's Future. TPC found Ryan's major tax restructuring would likely raise significantly less revenue than he expected and would substantially lower taxes for high-earners. In his response, Ryan suggests he'd be willing to adjust his plan ... http://thetaxforum.org/3823/ryan-responds-to-tpcs-analysis-of-his-roadmap.htm Today TaxMama hears from PA in the TaxQuips Forum with a quick question. “I recently completed my home construction. I used a loan from my credit card to consolidate other credit card purchases for material. I have a paper trail documenting the transactions. Can I use a withdrawal of $10,000 ... http://thetaxforum.org/3822/10000-from-ira.htm President Barack Obama on January 22 signed into law a provision allowing charitable gifts made for Haiti relief during February and most of January 2010 to be deducted on 2009 federal tax returns. This noble sentiment would work a lot better if deductions were allowed for all giving made to ... http://thetaxforum.org/3820/a-new-april-15-make-it-a-day-of-giving-efficiently-2.htm In his provocative Roadmap for America’s Future, Representative Paul Ryan (R-WI) figures that his broad tax code overhaul would eventually generate about 19 percent of Gross Domestic Product in revenues. But the Ryan plan would produce hundreds of billions of dollars-a-year less than that—about 16.8 percent of GDP—a decade from now, ... http://thetaxforum.org/3817/rep-ryan%e2%80%99s-tax-roadmap-falls-short-of-his-revenue-goals.htm