Audrey F. Henderson

Will They Extend Unemployment Benefits in 2011?

As the holiday season approached at the end of 2010, job seekers anxiously wondered “will they extend unemployment benefits in 2011?” To the relief of many, Congress approved extended benefits. However, this extension would not apply to so-called “99ers” who had already exhausted their benefits.

Will Energy Efficient Tax Credits Be Extended in 2011?

In December 2010, President Obama signed the Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010, answering the question “will energy efficient tax credit be extended in 2011?” However, the new legislation places limits on credits allowed for many energy efficient items.

Consequences for Failure to File Federal Tax Returns

When the IRS catches up with delinquent tax filers, the penalties are often harsh. However, many people fail to file tax returns simply because they cannot afford to pay what they owe. For those individuals, the IRS offers alternatives that can reduce the penalties that would otherwise apply.