Online News and Opinions For Pasadena & The San Gabriel Valley

No Blood for Lithium, either!

No Blood for Lithium, either!

Jun 18th, 2010

Today as I was at yahoo signing into my email there was a story. “Massive Mineral Found in Afghanistan”. Hmmmmm. Minerals? The story said yes, there was gold, a lot of pure virginal Iron (the kind best for making Nicad batteries with) , copper, Oh ho hum and  HEY SAY WHAT? LITHIUM!!!! Oh my gosh! Holy Connect the Dots of this Illogical War, Batman!...

Is HVCC Doing More Harm Then Good?

Is HVCC Doing More Harm Then Good?

May 28th, 2010

Some industry experts believe that fraudulent appraisals were a contributing factor to the inflated home values we saw during the housing boom.  In response HVCC was created to protect consumers against fraudulent appraisals.  Last year the Federal Housing Finance Agency (FHFA), Fannie Mae, Freddie Mac, and the New York State General Attorney created an...

Open House on Saturday, May 15th to Help Small Businesses, Individuals Solve Tax Problems

Open House on Saturday, May 15th to Help Small Businesses, Individuals Solve Tax Problems

May 5th, 2010

The Internal Revenue Service will host a nationwide Open House on Saturday May 15 to help small businesses and individuals solve tax problems. Approximately 200 IRS offices, at least one in every state, will be open May 15 from 9 a.m. to 2 p.m. local time. IRS staff will be available on site or by telephone to help taxpayers work through their problems and walk...

Health Care Tax Credit Debut

This week the Internal Revenue Service began mailing postcards to more than four million small businesses and tax exempt organizations informing them of the benefits of the recently enacted Small Business Health Care Tax Credit. Last month Congress approved and President Obama signed into law the Patient Protection and Affordable Care Act.  The credit, which...

California Gets Home Tax Credit

Californians are you listening… we have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits.  Yes the state is actually giving out money, instead of borrowing yours.  To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May...

First Time Homebuyer Credit Form Released

If you haven’t heard, the first-time homebuyer credit has been extended, but the people who qualify haven’t been able to claim the credit until now. On January 15th the IRS released Form 5405 whicheligible homebuyers need to claim the first-time homebuyer credit this tax season.   To deter fraud the IRS has implemented additional required...