Posted by Thinker on May 7, 2009 in
Thinkable
Most taxpayers will be looking at all the possible savings and tax breaks they are eligible for in the coming tax season. There are some new ones as well as some that have been around for awhile that are often overlooked.
Investment Income
New for 2008 will be the 0% tax rate on investment income. For a short period taxpayers with income up to $61,100.00 can receive their dividends and long term capital gains tax free. This one is set to expire as soon as 2010.
Property Taxes
The new Housing Assistance Tax Act for 2008 allows for a deduction on your property taxes of up to $500.00 on single filer and up to $1,000.00 if you are married and filing jointly. This is a great deduction for those who choose not to itemize.
Economic Stimulus Check
If you did not receive a stimulus check in 2007, donʼt worry itʼs not too late. Claim this credit for 2008 and you can receive a check this year for yourself or any qualifying dependents.
Recovery Rebate Credit
This new credit will allow you to receive the entire amount of your economic stimulus if you were previously not eligible or received a reduced amount. You are eligible for this credit even if your income is from social security or disability payments.
Medical Expenses
You may deduct any qualifying Medical Expenses if they exceed 7.5% of your AGI. If you have any upcoming medical expenses in early 2009 you may want to try and get those done before 2009 to allow you a greater deduction on your return.
Posted by Thinker on May 7, 2009 in
Thinkable
If you are looking for a villa to stay in the Caribbean, consider that Casa Paloma is closer to Tulum than it is to Akumal; Tulum is a 30 minute drive away and offers all kind of touristic services including banks and supermarkets, but if you wish to visit Akumal you’ll get there within a 15 minute drive. I strongly recommend renting a car if you you’re planning on going out much since public transport doesn’t stop by regularly.
Another option is Villa de Valhalla; natural wonders convey for that villa to exist, its unique location makes it a jewel in the Riviera Maya. It comfortably accommodate up to 8 adults and 4 children in its three window surrounded individually styled theme master suites. Its spacious and cozy inner areas combined with the Caribbean paradisiacal outdoors make this villa a perfect choice for a fun family vacation.
Its lush gardens, sandy beach and almost private snorkeling coral reef, along with its relaxing terraces and tempting ocean views will wrap you in a pampering glamorous hard-to-leave life style.
A third option is Playa Caribe; which is a beachfront villa with ocean front pool and a perfect North Akumal location with a white sandy beach situated on the mystique Akumal.
You, your family and friends can snorkel and safely dive in its magestyque coral reef, or you may as well just relax to the sounds of the Caribbean mist.
With 4 levels of 3 comfortable and nicely decorated condominiums per floor, Playa Caribe is considered the largest condo complex in Akumal. It offers unique amenities such as an in-house water purification system.