Category Archives: Taxes

New Tax Credits and Deductions for 2009

by on February 8, 2010

Good news: There are many new deductions, credits and expanded eligibility rules for home and car buyers, college students and their parents, homeowners who installed energy-efficient improvements as well as the unemployed, for the 2009 tax return! IRS spokeswoman Nancy Mathis estimates the average tax refunds will increase about $ 2,800 above last year’s level, […]

Tax season preparation

by on January 28, 2010

Tax season is here! And it’s here to stay until April 2010. Since the signing in of the American Recovery and Reinvestment Act (ARRA) by President Obama in February 2009, some things have changed regarding taxes. Indeed, the intent of the ARRA among other things is to preserve and create jobs, promote economic recovery and […]