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Showing posts from January, 2009

January TIPS rate

Date LT Real Average (>10 yrs) 01/02/09 2.59% 01/05/09 2.71% 01/06/09 2.70% 01/07/09 2.69% 01/08/09 2.57% 01/09/09 2.45% 01/12/09 2.35% 01/13/09 2.29% 01/14/09 2.30% 01/15/09 2.36% 01/16/09 2.36% 01/20/09 2.39% 01/21/09 2.68% 01/22/09 2.63% 01/23/09 2.61% Long Term Real Rate Average: The Long-Term Real Rate Average is the unweighted average of bid real yields on all outstanding TIPS with remaing maturities of more than 10 years and is intended as a proxy for long-term real rates. For more information regarding these statistics contact the Office of Debt Management by email at debt.management@do.treas.gov. For other Public Debt information contact (202) 504-3550

Tax Season starts with help from the IRS

IRS Begins Tax Season 2009 with Steps to Help Financially Distressed Taxpayers; Promotes Credits, e-File Options IR-2009-2, Jan. 6, 2009 WASHINGTON — The Internal Revenue Service today kicked off the 2009 tax filing season by announcing a number of new steps to help financially distressed taxpayers maximize their refunds and speed payments while providing additional help to people struggling to meet their tax obligations. IRS Commissioner Doug Shulman encouraged taxpayers to take advantage of several new tax credits and deductions this filing season and announced a major enhancement to the Free File program that will allow nearly all taxpayers to e-file for free and accelerate their refunds. “With so many people facing financial difficulties, we want taxpayers to get all the tax credits they’re entitled to as quickly as they can,” Shulman said. “In addition, we are creating new protections to help people trying to meet their tax obligations. The IRS will do everything it can to help du...