April 2, 2009
The American Recovery & Reinvestment Act (ARRA) includes tax relief for middle-income families and spending programs for things like transportation, environmental and broadband infrastructure projects, aid for states and energy assistance, all designed to create millions of good-paying jobs.
March 11, 2009
With all the worries about Social Security, it is certainly wise to start your own retirement account. As an incentive, the IRS has put together a large retirement tax credit. Depending on your income and the amount you have contributed, you may be eligible for a credit of up to $2000. Read more to find out how to take advantage of this tax break.
February 5, 2009
So, what is the difference between a refundable tax credit and a non-refundable tax credit? This is one of the most important distinctions to understand when preparing your federal tax return. Read on to find out!