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Archive for the ‘Energy Tax Credit’ Category

Question: Democrats promise a lot, but who will pay the bill?

Clinton:

-Health care overhaul ($110 billion annually)
-Energy proposals ($150 billion over 10 years)
-New “GI Bill” education and housing assistance to veterans ($5 billion annually)
-Universal pre-K education program ($7 billion annually)
-Economic stimulus, including housing and heating assistance ($110 billion, presumably one-time)

Obama:

-Health care overhaul (up to $65 billion annually)
-Additional health care spending ($40 billion annually)
-”Making Work Pay” refundable tax credit to offset Social Security tax ($62 billion annually)
-$4,000 tuition tax credit ($6 billion annually)
- K-12 education spending ($18 billion annually)
-Doubling budget for basic science ($6 billion annually)

Sources: Candidates’ websites, National Taxpayers Union, USA TODAY research.
Democrats, this question is not about the war or Bush. If you can’t come up with an educated response, please don’t answer. You just make people realize how ignorant you really are.

Answer: Basically they will try to completely hamstring the military and then they will increase taxes on corporations by repealing the Bush Tax Cuts which will end up being a reduction in expansions/jobs from the corporations.

Democratic platform promises always hinge on raising taxes for a bigger goverment.

MGP Ingredients, Inc. Announces FY 2011 Second Quarter Results

Highlights

To amend the Internal Revenue Code of 1986 to provide a refundable tax credit against increased residential energy costs and for other purposes. $10.15 The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications. In broadening the public understanding of government and its work, an enlightened democracy can grow and prosper. Ranging from historic Congressional Bills to the most recent Budget of the United States Government, the BiblioGov Project spans a wealth of gover…

Louisiana Wind & Solar Energy Tax Credit

Just Energy Reports Third Quarter Results for 3 Months and 9 Months Ended December 31, 2010

TORONTO, ONTARIO– – Just Energy Group Inc.

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Question: Credit Report Date Opened still on Credit Report!?

I am trying to raise my credit report. I have an old Dillards account of $1,207.00. Date opened was 05/1996. Says Bal. date of 5/05. It was reported in like 1999. They keep changing the balance date. I went online with the CSC and disputed the Bal. date. Can they keep changing the balance date on me? Do I just need to try to make small payments to them? I have read all types of things on consumer reporting and the credit bureau’s but am still confused as to whether the companies can keep changing the balance date so they will stay on your report. Also, I have a tenant tracker that says date opened 05/2001. Balance date says 05/2004/ for $62.00. Do I need to pay that off if they will completed delete it from my CR? Last one is TXU Energy. Date Opened 04/1999 Balance Date 07/2005. Balance amt $690.00 High Limit $692.00. Says Account status as agreed Past due amt. $0 and comments Current Account. Is that good? I also have some less than $100 Collection Bal. Date 04? Should I pay?

Answer: What Balance Date means basically the date, the balance was last reported to the credit bureau. Balance Date of 5/05 means that was the last date Dillards last reported your balance of $1207 to the credit bureau. By now, it probably is in collections if you have not paid anything on it in the mean time. Call Dillards about it.

The tenant tracker account of $62; pay the thing off,then it can be reported as paid in full. It will then stay on your credit report for 7 years from date of last activity.

The TXU Energy account, show as current account, sounds good, nothing bad with what your describing, except you have a balance to pay, but it is not past due.

As far as the other collection accounts posted on your CR, pay them off, then they can be marked by the collection agency/creditor as paid/closed.

Credit Report Date Opened, is the date that a credit account was first reported to the Credit Bureau on you. That will always be on your credit report. It’s nothing bad.

It’s not too early to think about 2011 taxes

WASHINGTON — The Bush-era tax cuts have been extended, the alternative minimum tax is patched and capital gains rates are set.

Tax Relief Will Boost American Businesses, Create Jobs

Question: Can I take the 2010 energy tax credit on newly built house?

I’m closing on a new construction house this month. Can I take the 2010 energy tax credit on it? Last year, a tax lady posted that only replacements or improvements on your existing home qualify for a tax credit, but in the Form 5695 instructions it states: “For credit purposes, costs are treated as being paid when the original installation of the item is completed, or in the case of costs connected with the construction or reconstruction of your home, when your original use of the constructed or reconstructed home begins.”

Answer: Yes you may. You need a way of breaking out those costs but the contractor should be able to do that for you.

Changes to Home Improvement Tax Credit

If you made your home a bit more energy efficient in 2010 then you are seeing nice tax credits right about now.

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Green Financing- 05 Home Equity Loans- Government Rebates & Tax Incentives

Full text of President Obama’s State of the Union speech

The following is the full text of President Barack Obama’s State of the Union speech to Congress as released by the White House before delivery: Mr. Speaker, Mr. Vice President, Members of Congress, distinguished guests, and fellow Americans: Tonight I want to begin by congratulating the men and women of the 112th Congress, as well as your new Speaker, John Boehner. And as we mark this occasion …

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