Tax Credits

Overview of 2009 Tax Law Changes Which Benefit Nearly Everyone

By Admin on January 9, 2010

In 2009, numerous new and expanded deductions and credits came into being for a broad cross-section of taxpayers: College tax benefits for parents and students; energy credits for homeowners who are going green; and even tax breaks for home buyers and car buyers.

Posted in Tax News | Tagged 2009, Tax Credits, Tax Law Changes

Five Important Tax Credits

By Admin on March 4, 2009

Check it out! You might be eligible for a tax credit. A tax credit is a dollar-for-dollar reduction of taxes owed. Some credits are even refundable. That means you might receive a refund rather than owe any taxes.
Here are five popular credits you should consider before filing your 2008 Federal Income Tax Return:
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Posted in Tax Credits | Tagged Child and Dependent Care Credit, child tax credit, EIC, Health Coverage Tax Credit, Retirement Savings Contributions Credit, Tax Credits, tax form instructions