Brain
Posts: 3792
Joined: 2/14/2007
Status: offline
|
About 71 million American households (47 percent) will owe no federal income tax for 2009 thanks, in part, to the American Recovery and Reinvestment Act (ARRA), according to estimates by the nonpartisan Tax Policy Center. The other 53 percent of us will have to pay. ..
2009 tax returns boosted by Recovery Act - Yahoo! Finance
The average tax refund for 2009 has reached $3,036, up $266 from a year ago, according to early data from the Internal Revenue Service.
Administration officials said the increase is largely due to tax benefits available under the $787 billion American Recovery and Reinvestment Act.
"The Recovery Act is a major factor behind these larger, record refunds," said IRS Commissioner Doug Shulman. "About half of all Americans haven't filed their taxes yet, so we urge them to look carefully at these Recovery provisions."
Under the Recovery Act, which was implemented last year to combat the economic crisis, taxpayers can take advantage of over a dozen tax benefits.
http://finance.yahoo.com/news/2009-tax-returns-boosted-by-cnnm-3097600148.html?x=0&.v=3
Start your federal tax return earlier to cash in on 2009 changes
http://www.financialturf.com/articles/start-federal-tax-return-earlier-2009-changes.php
|
2009 tax returns boosted by Recovery Act -Start your fe... - 
Profile
New Messages
No New Messages
Hot Topic w/ New Messages
Hot Topic w/o New Messages
Locked w/ New Messages
Locked w/o New Messages
Post New Thread