Monday, June 22, 2009

LEGISLATION By John Lowe


Various of the programs designed to correct the current economic turndown will result in increases in income, cash payments, and tax refunds for both active and retired Federal Retirees. For the tax years 2009 and 2010 there will be a Tax Credit of up to $400.00 for single persons and up to $800.00 for married couples submitting Tax Returns. Late in this month of May Social Security recipients will receive cash payments in the amount of $250.00. There has been a 6.2% decrease in Federal Income Taxes which should result in an increase equivalent to that amount in payroll and pension payments


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GOING NORTH or changing e-mail


Please give a forwarding address or an e- mail address to BOB WEHRLI: 441-9250

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