People Out of Work May Be Overlooking ... - Small Business Marketing

People Out of Work May Be Overlooking Tax Breaks That Could Save Them Money, CompleteTax Survey Finds












CompleteTax

Riverwoods, IL (Vocus/PRWEB) January 27, 2011

At the end of 2010, 14.5 million people were unemployed and many more were out of work at one time or another throughout the year. As people start to prepare their 2010 tax returns, there are a few things they should know about ? and much they don?t ? based on findings from the CompleteTax? Tax Breaks for the Unemployed Survey.

?Being out of work is stressful enough and not knowing if you?re getting all the tax breaks you should or being concerned you?re going to make mistakes that may cost you just adds to the stress,? said Gary Lundberg, Product Management Director for CompleteTax. ?You want to make sure you know what you can and can?t claim and that you have the right resources to help you make those decisions.?

CompleteTax is providing free Premium-level federal online tax preparation for 2010 income tax returns to anyone who was unemployed for any period of time last year.

The CompleteTax Tax Breaks for the Unemployed Survey of more than 1,000 adults, conducted for CompleteTax by ORC International, found that many taxpayers are not sure which job-search related expenses can be deducted. Many respondents were unable to answer the following True/False statements correctly.


Haircuts or clothes necessary for job interviewing can be deducted(F) ? 62% Answered Correctly / 38% Answered Incorrectly
Travel for job interviews can be deducted (T) ? 58% Answered Correctly / 42% Answered Incorrectly
Printing and mailing resumes can be deducted (T) ? 46% Answered Correctly / 54% Answered Incorrectly
A home office used to help in a job search can be deducted (F) ? 44% Answered Correctly / 56% Answered Incorrectly
Outplacement firm fees can be deducted (T) ? 38% Answered Correctly / 62% Answered Incorrectly
Classes to learn new skills outside the person?s trade can be deducted (F) ? 33% Answered Correctly / 67% Answered Incorrectly

While some taxpayers were able to correctly identify whether or not a few expenses were deductible, only 1 percent were able to correctly identify whether or not all six of these costs related to job search were or were not deductible.

?Tax software such as CompleteTax helps people identify what expenses can be deducted so you can get a bigger refund,? said Lundberg. ?But it?s good to understand what deductions can be claimed ahead of time so you can make sure to save receipts and are keeping track of all your expenses.?

The Unemployed Do Have to File Tax Returns and Pay Taxes

The CompleteTax survey also found that many taxpayers are confused about the taxability of unemployment and severance benefits. Specifically, four in ten people do not know that severance benefits can be taxed and 38 percent are not aware that unemployment benefits are taxable.

Nearly one-half of taxpayers were confused about healthcare costs for people who are unemployed, with 44 percent believing incorrectly that anyone who is unemployed can deduct healthcare costs from their taxes. Nearly one-third also incorrectly believed that being unemployed allows people to withdraw from their retirement accounts penalty free. While in some instances, people who are unemployed can take penalty-free withdrawals from their retirement accounts, other criteria also must be met.

Also concerning, 43 percent of taxpayers believe that being unemployed allows someone to delay paying their taxes and one in four believe people who are out of work are exempt from filing an income tax return ? neither of which is correct.

Many people were not able to answer the following True/False statements correctly.

People who are unemployed are exempt from filing income tax returns (F) ? 76% Answered Correctly / 24% Answered Incorrectly
People who are unemployed can withdraw from their retirement account penalty-free (F) ? 68% Answered Correctly / 32% Answered Incorrectly
Unemployment benefits can be taxed (T) ? 62% Answered Correctly / 38% Answered Incorrectly
Severance benefits can be taxed (T) ? 60% Answered Correctly / 40% Answered Incorrectly
Being unemployed allows you to delay paying income taxes (F) ? 57% Answered Correctly / 43% Answered Incorrectly
Healthcare costs are not tax deductible for anyone unemployed (T) ? 56% Answered Correctly / 44% Answered Incorrectly

Tax and Unemployment Concerns Looking Ahead

In 2010, 39 percent of people surveyed said they had been unemployed for all or part of the year and 86 percent had friends, family or colleagues who also had been out of work.

Looking ahead, people indicate a wide variety of concerns about employment and taxes for 2011 and beyond. Interestingly, while many people are still concerned about their pay or hours being reduced, more people are now concerned about the taxes they may owe than about being laid off.

Specifically, people are concerned about:

????Having healthcare, retirement or benefits reduced or eliminated ? 60%
????Having pay frozen or reduced ? 46%
????Having hours reduced ? 36%
????Owing taxes ? 34%
????Being laid off ? 33%

However, people continue to be concerned about making certain those who are out of work have unemployment benefits. Most consumers (57 percent) agree that it was appropriate to extend unemployment benefits and 53 percent agree they should be extended further if needed.

Notably, most (55 percent) also agree that more tax relief is needed to get people back to work ? even after the major tax package at the end of 2010.

?Many people have experienced joblessness first hand or know people who have,? said Lundberg. ?They want to make sure job seekers are getting the support they need.?

Free Tax Prep Options for People Out of Work

Throughout the tax season, CompleteTax is providing free Premium-level federal online tax preparation for 2010 income tax returns to anyone who was unemployed and collected unemployment benefits for any period of time last year. CompleteTax also is offering free Premium federal tax prep for people who switch from TurboTax?, TaxACT? or H&R Block? online. Any CompleteTax federal return is free to anyone owing the IRS on their 2010 return. Additionally, CompleteTax Basic offers free tax preparation for taxpayers using the most commonly used tax forms and schedules.

About CompleteTax

CompleteTax is the fast, easy and accurate online tax preparation software solution for taxpayers who want the confidence that their taxes are done right and that they?re getting the biggest refund. CompleteTax walks through every step necessary to prepare and file taxes online, including filling out all the right forms. With CompleteTax, taxpayers can either file taxes online (e-file) or print and mail their return. Learn more at CompleteTax.com and connect with us on facebook.com/completetax, twitter.com/completetax and youtube.com/completetax.

CompleteTax online tax preparation and e-filing software for consumers is developed by CCH, a Wolters Kluwer business. CCH (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. Wolters Kluwer is a leading global information services and publishing company (http://www.wolterskluwer.com).

EDITORS NOTE: Survey findings are available at http://www.cch.com/CompleteTaxUnemploymentSurvey2011.pdf.

CONTACT:????????

Leslie Bonacum????????????

847-267-7153????

Mary Jung

773-429-0940

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Source: http://www.smallbusinessmarketing.us/people-out-of-work-may-be-overlooking-tax-breaks-that-could-save-them-money-completetax-survey-finds/

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Inside Gaming: Germany's Online Gaming Strides, Caesars ...

Inside Gaming

Not everyone is out to take your online deposits to pay their executive board. If you're tired of reading about the latest Full Tilt indictment drama, find out how other gaming companies are making bank the legal way. This week, European online gaming sites are excited about the opening of the German market, or at least 1/16th of it. Gary Loveman, Ceasars' CEO, is hoping he has the ear of the future POTUS, and now that the Sahara's owners also own their own debt, they can be creative about how to resurrect the old-Vegas landmark.

German State Votes to License and Tax Online Sports Betting and Poker

Schleswig-Holstein became the first of Germany's 16 states to relax its anti-online gaming stance when the state parliament voted 46-to-45 last week to allow sports betting and poker sites to operate in the state as long as they are established in the European Union. Germany has been debating what to do about online gaming since the European Union's high court ruled the country's national monopoly on gambling violated the Union's free trade laws.

Site owners must apply for an unlimited number of licenses and pay 20 percent of their earnings in taxes to the state. The Schleswig-Holstein law is far more favorable to gaming sites than those proposed by the other states. Some of the draft laws limit licenses to seven per location, and most call for a 17 percent tax on every bet placed rather than on gross profit.

Dirk Hundertmark, spokesman for the Christian Democrats in the Schleswig-Holstein Parliament, said he expected Schleswig-Holstein to collect between 40 and 60 million euros a year in taxes, mostly from sports book websites. Germany's sports betting market, most of which is illegal, is worth upwards of 5 billion euros ($7.2 billion.)

British online gambling operator Bwin.party Digital Entertainment Plc saw its shares jump nine percent following news of the vote. Betfair Group Plc's stock moved up two percent. Both companies previously announced plans to apply for licenses in Schleswig-Holstein if the law passed. "We are now hopeful that the other 15 German states will make the regulated amendments to their proposed State Treaty, in order to bring it into line with EU law," Betfair said.

Read more from Bloomberg and Reuters.

Caesars' Loveman Named Huntsman Campaign Advisor

Caesar Entertainment Chairman Gary Loveman was named to Republican presidential candidate Jon Huntsman's business advisory council. Loveman, along with three other prominent executives, will help Huntsman craft policies on economic issues.

Loveman's appointment comes a week after he appeared on the "Nightly Business Report" on PBS to critique the speech President Barack Obama gave to discuss the administration's job creation efforts. On the show, Loveman said that Obama should have addressed the housing crisis as part of the speech. "If we don't stimulate the housing market properly, there's very little likelihood we'll see meaningful job growth," Loveman said. Although Loveman lives on the east coast, he spends plenty of time worrying about Las Vegas, one of the hardest hit housing markets in the country.

Huntsman, a former governor of Utah and U.S. ambassador to China, was the first Republican presidential candidate to present an economic plan, which earned the glowing Wall Street Journal endorsement, "better than anything so far from the GOP Presidential field." In addition to Loveman, Huntsman's business advisory council will include Nike Chairman Phil Knight and Tom Bell, former chairman of the U.S. Chamber of Commerce. Huntsman chose John Mack, an executive chairman at Morgan Stanley, to head the council.

Loveman is not the only casino-industry exec to voice his GOP leanings. Steve Wynn has spoken out about his passionate dislike of the current administration, and Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp., is a major Republican donor and fundraiser.

Get more campaign details in The Las Vegas Review-Journal.

Sahara Owners Purchase Mortgage, Move Toward Redevelopment

The owners of the closed Sahara Hotel and Casino purchased the mortgage to the property last week in a move that gives the company more freedom to reinvent and eventually reopen the casino. Owners SBE Entertainment, known for its nightclub projects, and Stockbridge Real Estate Funds bought the debt from the primary lender, Royal Bank of Scotland Group Plc., for an undisclosed amount, likely at a steep discount. The mortgage was originally for $288 million when SBE and Stockbridge took it out to finance their acquisition of the Sahara for a total of $350 million.

"We've invested substantial new equity to acquire the note, allowing us complete flexibility to re-envision this property," said Sam Nazarian, CEO of SBE. His statement also said that SBE hired Gensler Architects, one of the firms that designed CityCenter, and PENTA Building Group "to evaluate a range of options for the property." Range of options is about as specific as the statement got. There were no hints about a timetable for reopening the Sahara or if SBE plana to remodel or implode the existing structure. Nazarian did make sure that the media was alerted to the forward step, however, a good sign that a plan is in the works.

The Sahara, the last remaining landmark from Rat Pack-era Las Vegas, closed in May after suffering through several years of recession and the decline of the north end of the strip.

VegasInc.com has more.

Follow PokerNews on Twitter for up-to-the-minute news.

*Photo courtesy of TimesLeader.com

Follow Elissa Harwood on Twitter ? @ebhizzle

Comments

Source: http://www.pokernews.com/news/2011/09/inside-gaming-germany-making-online-gaming-strides-caesars-l-11063.htm

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Different types of Mobile Computing Devices - SortArticles.info - Find ...

People today can entry internet wherever they are by making use of wireless technologies. You will find diverse traveling with a laptop products which could allow someone to get in touch to the web seek out info and visit any website how they like. People who are not fortunate enough to accessibility Wi-Fi hotspots environment can make to get his or her mobile World-wide-web units to be able to reap the benefits of such a technology. They?re units which will offer internet access in your own home, inside the workplace or simply though travelling traveling. This is perfect for individuals who usually would like to stay connected to the web for company or individual reasons.

If you wish to encounter these technologies, then you will want to initially get a personal computer. It truly is appropriate for a moment obtain a laptop computer as opposed to a desktop, want . laptop computer or notebook Pc are portable this is the reason you?ll be able to see it anyplace you wish. A desktop is immovable then it are only able to supply wireless convection should you be inside your office or in the home, even though lepton or notebook Computer is usually transported everywhere in the world. This is very important specifically for business travel. It is crucial you purchase a laptop computer that may be incredibly not heavy and handle together with the additional features and specifications as Bluetooth is a great choice for you. You will find unique mobile computing products that you could employ in order to keep in touch online where ever you are.

1. The first option is a special broadband device. This will give you the chance to link your laptop computer to the internet. There are many choices for you together with this will likely include USB modems, smartphones, and different cell information cards. The decision ?s all yours and it?ll count on your desire and you could acquire many selection if you value. The price plus the information plans these unique units will be different therefore you must compare each and every selection and gin the one that will meet your needs and spending budget.

2. Another one is as simple as the purchase of a wireless telephone used as being a modem to obtain a broadband signal to ensure you to use your phone. This is also known as tethering and most recent versions of android cellular phones offer such a features. This is accessible to almost all companies. It is possible to receive an on the web entry, if you?ll set your wireless to utilize the tethering feature of your respective phone. It is well suited for all customers who do not wish to carry cumbersome products. You telephone must have mobile capabilities and must support Bluetooth, but the truth is can easily still use units that does not help Bluetooth.

3. Another great option for you to definitely connect to the world wide web is with utilizing an USB modem or cellular data card. Both of these option is lightweight and small for this reason you?ll be able to carry it anywhere you will be. This information car might be connected towards the ExpressCard slot that may be usually from most recent laptops. If the laptop includes an USB drive, then you can certainly utilize the USB modem stick.

These traveling with a laptop devices offers you the ability to get connected to online anytime and anywhere you wish.

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Filed: Computers & Technology
tags: Accessibility, Bluetooth, Business Travel, Convection, First Option, Information Cards, Internet Access, Laptop Computer, Laptop Products, Lepton, Mobile Computing, Mobile Computing Devices, mobile computing gadgets, Mobile Computing Products, Mobile World, Notebook Computer, Notebook Pc, Personal Computer, Smartphones, Types Of Mobile Computing, Usb Modems, Web Units

Source: http://www.sortarticles.info/different-types-mobile-computing-devices.html

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Pro-regime forces kill dozens in Yemen

Pro-regime forces kill dozens in Yemen

AP/Hani Mohammed

Anti-government protestors carry a wounded protestor from the site of clashes with security forces, in Sanaa, Yemen, Sunday, Sept. 18, 2011.

Pro-regime forces, including snipers picking off protesters from rooftops, killed at least 23 people Monday in a second day of clashes shaking Yemen's capital, medical and security officials said.

The two days of fighting, which have killed nearly 50 people altogether, marked the most serious outbreak of violence in months, as frustration in the streets again builds over the president's refusal to step down after 33 years in power.

The officials said thousands of protesters armed with sticks overran a camp belonging to the Presidential Guards in Sanaa and that others were headed toward the headquarters of the elite force led by President Ali Abdullah Saleh's son Ahmed in the south of the city.

The officials said 20 of the 23 killed on Monday were on Sanaa's central Hayel street. They included a child and at least three soldiers who defected to join the protesters. Mortar shells thought to have been fired by pro-regime forces killed another two people in the capital, said the officials, who spoke on condition of anonymity because they were not authorized to share the information.

Tens of thousands of protesters demonstrated in Sanaa Sunday to press demands for Saleh to step down. Pro-regime snipers killed at least 26 of the protesters.

Beside those killed, scores of protesters suffering gunshot wounds were taken to hospitals in Sanaa, according to Mohammed al-Maqtari, a doctor at a field hospital set up by the protesters. The wounded included soldiers from the 1st Armored Division, which, along with its commander, joined the protesters more than six months ago.

Witnesses said the soldiers were involved in skirmishes with the Presidential Guards.

In the southern city of Taiz, at least one protester was killed and 15 others were wounded Monday in clashes between anti-regime demonstrators and security forces, according to witnesses. In the southern port city of Aden, three protesters were wounded in clashes with government forces, witnesses there said.

Yemen's protest movement has stepped up demonstrations in the past week, angered after Saleh deputized Vice President Abed Rabbo Mansour Hadi last week to negotiate further on a Gulf-mediated, U.S.-backed deal under which he would step down in return for immunity from prosecution. Saleh has already backed away three times from signing the deal.

Many believe the move is the latest of many delaying tactics. Saleh has resisted calls to resign.

The United States once saw Saleh as a key ally in the battle against the dangerous Yemen-based al-Qaida branch, which has taken over parts of southern Yemen under cover of the political turmoil in the country. The U.S. withdrew its support of Saleh as the protests gained strength.

Source: http://www.salon.com/news/feature/2011/09/19/ml_yemen_31/index.html

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Subprime Auto Loan Lenders | Financial Crossing

A sub-prime buyer is a person who need loan to buy auto but has bad credit or a lower credit score than the prime borrower. If you are a sub-prime automobile loan lender then do not get upset there are many auto financing groups available online, that would help you in finding the best of the car loan available online. There are many websites that will provide you with financing that are extremely lenient and have easy requirements to get approved too.

The online financing party understand in giving second chances to everyone who deserves it. Traditional lenders only care on getting the loan amount back with interest. If they see a chance for a default loan payment then they will not approve your auto loans for bad credit. But, the online car financing provider will make sure they understand you support you in your financial despair.

Consider Internet to be your main domain for couple of weeks. Search for the best website that provides with lenders from all over the nation. There are many financier lenders online so do not worry for the customer service. With the help of online car loan you will only get the best of all. Why? Because of the heavy competition it becomes crucial for all the lenders to provide you with best auto loan rates online.

Why online lenders are good options to get auto loans for bad credit?

Firstly, be realistic! You have a bad credit and no traditional lender will approve you and auto loan with a credit like that. They all want confirmations of the loan payments back to them. It is your priority first to get a car loan and increase your credit score by paying off the loan amount. There are many financier?s available online that are ready to provide car loan financing based on credit score. There are many people online who have already received the benefits of auto loans for people with bad credit. If you think you are a bad credit score, then I would recommend you to apply for sub prime car loan online. If you are someone who is going through tough times in life, then I would strongly recommend you to buy a bad credit auto financing online. All you have to do is to show confidence that you will be able to return the money back to the financiers irrespective of the personal financial or social crisis like death or divorce.

The world economy is collapsing, and US is not only the one in economic downturn but there are different countries that are going through the same situation. Considering this condition, some of the financiers have come forward in giving a helping hand to all the auto loans for bad credit. You can use auto finance calculators available on all the online websites just to help you know the final figure so you can decide on which sub-prime auto loan you should finalize. When you go online and search for the best car loan rate website makes you have the complete power. From all the financial deals, car finance deal is the second largest and the most happening one online. People are going online every now and then for each and every commodity shopping.

Subprime Auto Loan Lenders


Source: http://www.financialcrossing.com/subprime-auto-loan-lenders/

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Sainsbury's Finance Announces New Personal Loan Rate of 6.3 ...

[unable to retrieve full-text content]The UK's Best Personal Loan provider of 2011 according to Moneyfacts offers 6.3% rate for limited time only ? ends 23rd September. London, United Kingdom (PRWEB) September 16, 2011 Sainsbury's Finance has reduced ...

Source: http://pressreleases.bloginteract.com/2011/09/16/sainsburys-finance-announces-new-personal-loan-rate-of-6-3-apr-representative-on-loans-between-7-5k-and-14999-2/

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