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The Making Work Pay Tax Credit
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Last Updated: 3:40 PM 11/17/09 - Most wage earners will benefit immediately — or already have — with a larger paycheck as a result of the changes made to the federal income tax withholding tables to implement the Making Work Pay tax credit. Some people may find that the changes built into the withholding tables result in less tax being withheld than they prefer. (Full Story) |
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IRS seeks to return $1.77M in undeliverable refunds to Tennesseans
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Last Updated: 1:20 PM 11/05/09 - The Internal Revenue Service is looking for Tennesseans who are due to receive a combined $1.77 million in the form of 1,849 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing address errors. (Full Story) |
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2 out of 3 taxpayers now using IRS e-File
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Last Updated: 12:12 PM 11/03/09 - Individuals e-filed a record 95 million federal income tax returns during 2009, up almost 6 percent from last year’s total of nearly 90 million. (Full Story) |
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Lenders, Realtors push to extend, sweeten tax credit
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Last Updated: 7:07 PM 10/29/09 - The calender says you have little more than a month to get that big tax break for buying your first home. But the clock is not on your side for processing the paperwork. It's why the Senate already has passed a plan that not only would extend the credit into next year, but sweeten it if you own a home already. (Full Story) |
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Expanded Stimulus tax credits help winterize homes, save energy
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Last Updated: 11:56 AM 10/29/09 - People can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their 2009 tax bill as well. (Full Story) |
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Taxpayers, preparers scramble as extension deadline nears
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Last Updated: 6:37 PM 10/14/09 - If you couldn't file your 2008 taxes by this past April 15th, the government allowed you a six-month extension. But in less than 31-hours, that extension comes to an end. And as you'd expect, these are tense times for tax preparers and those scrambling to get their taxes done. (Full Story) |
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Special car sales tax deduction available through 2009
Last Updated: 12:20 PM 10/07/09 - With 2010 models arriving in dealer showrooms, the Internal Revenue Service reminds taxpayers that purchasing a new car, light truck, motor home or motorcycle could qualify them for a special deduction for the state and local sales and excise taxes on their 2009 tax returns. (Full Story) |
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3 IRS filing deadlines looming Oct. 15
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Last Updated: 5:47 PM 10/01/09 - Three important IRS filing deadlines are fast approaching. (Full Story) |
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IRS VIDEO: Time running out on 2 programs
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Last Updated: 4:06 PM 09/24/09 - Time is running out on two popular IRS programs. Check out this IRS video or visit IRS.gov for more information. (Full Story) |
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IRS issues guidance on 2009 required minimum distribution waiver
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Last Updated: 12:52 PM 09/24/09 - The Internal Revenue Service is providing guidance for retirement plan administrators, plan participants and retirees regarding recent legislation affecting required minimum distributions. (Full Story) |
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