9 wackiest tax deductions for 2009

Fidelity Personal Retirement Annuity

Enhance your retirement portfolio the easy way Fidelity Personal Retirement Annuity®1 (FPRA) is a tax-deferred variable annuity that is low cost and allows you to save more for retirement without losing ground to taxes every year. Any gains are taxed as ordinary income when money is ... Read More >>

THE PRESIDENT'S AMERICAN RECOVERY AND REINVESTMENT PLAN

THE PRESIDENT'S AMERICAN RECOVERY AND REINVESTMENT PLAN With each passing day, families across America are watching their bills pile up and their savings disappear. President Obama believes that if we do not act quickly, this recession could linger for years – and America could lose the compet... Read More >>

Say Fed Move to Buy More Securities Will Boost Housing Markets

The following is a statement by National Association of Realtors® President Charles McMillan: “The National Association of Realtors® applauds the Federal Reserve announcement today that it would purchase an additional $750 billion in Fannie Mae and Freddie Mac mortgage-backed securities and u... Read More >>

Plan to Strengthen the Economy

Barack Obama will provide a tax cut for working families: Obama and Biden will restore fairness to the tax code and provide 95 percent of working Americans the tax relief they need. They will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working... Read More >>

Smokers face a hit as tobacco taxes spike

Smokers face a hit as tobacco taxes spike Cigarette tax to rise by 62 cents a pack beginning Wednesday to pay for children's health care WASHINGTON (AP) -- However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco tax increase ever ta... Read More >>