2008 Taxes

Monthly Archives: February 2009

Income Tax Credits You Might Qualify For

A number of tax credits which reduce your tax bill dollar for dollar that you might not have known about or might not have qualified for before are now worth taking a look at.

  • Share/Bookmark

Top Five IRS Tax Tips for January 2009

The IRS has released their top 10 tax tips for January 2009 and we are presenting the first 5 tips here for you. Make sure to check back with us for more tax tips and great tax services available online for your 2008 tax return.

  • Share/Bookmark

5 Things about Identity Theft and Tax Returns

Five things about Identity Theft from the IRS that you need to know to avoid scams this tax season. What to expect from the IRS in the form of communication and who to contact if you think you have become a victim.

  • Share/Bookmark

Property Tax Changes

You probably know about taking deductions to reduce your tax liability. To be clear, deductions are not the same as tax credits – deductions are applied to your earned income before calculating taxes, and thus reduce the amount on which you are taxed. Tax credits are more valuable, and are a direct credit towards the tax that is due.

  • Share/Bookmark

Federal Stimulus Bill Provides Tax Benefits

The American Recovery and Reinvestment Act also known as the Federal Stimulus Bill provides a number of new benefits for tax payers and the unemployed. Included in the new federal law is an AMT patch, First Time Home Buyer Credit, and a Car Buyer Tax Deduction.

  • Share/Bookmark

3 Important Tax Changes for 2008

Three tax law changes that you should consider before filing your federal tax return for the 2008 tax season. Some tax breaks have been renewed, the standard deduction has been increased, contribution limits have risen for many retirement plans.

  • Share/Bookmark
u comment, i follow