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Tax returns HRBlock delay

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Blog Categories

By Hudson Horizons, Posted in Blog

H&R Block responsible for the delay of over 600,000 returns claiming college tax credits. Shame on you. http://www.forbes.com/sites/janetnovack/2013/03/14/blame-congress-as-well-as-hr-block-for-college-tax-credit-mess/... read more.

By Hudson Horizons, Posted in Blog

Noticed a decrease in your first 2013 paycheck?2 Reasons for this:The temporary reduction of employee social security rates from 2011-2012 of 4.2% expired and returned back to the 6.2% rate. Social security effects all taxpayers, not just high income earners.States with unemployment/disability/family leave insurance are typically only taken out on in the beginning of the tax year due to wage limits on these taxes. For example, NJ taxes your first $30,900 in wages. Once you make above that amount, you will n... read more.

By Jennifer, Posted in Blog

Income tax rates have only been increased for high income earners of $400-$450K to a new top tax rate of 39.5%.Check this site for additional results from the deal following the fiscal cliff crisis - http://www.businessweek.com/articles/2013-01-10/fiscal-cliff-deal-plus-obamacare-equals-higher-taxes-on-the-rich... read more.

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