When you invest in energy-efficient products, you may be saving money on both your energy bills and your tax return. The Internal Revenue Service wants you to know about these six energy-related tax credits created or expanded by the American Recovery and Reinvestment Act of 2009. Residential Energy Property Credit [...]
Important: The IRS recently published an article regarding if a person is an employee or contractor. In a nutshell, it is crucial you know the difference. If a business considers an employee a contractor, a good rule of thumb is that the IRS is going to levy a penalty of [...]
UPDATE! CLICK FOR NEW INFO! There is still time to claim the First-Time Homebuyer Tax Credit on your 2009 tax return. If you purchased or entered into a binding contract to purchase a home in 2009 or early 2010, you may be eligible to claim the First-Time Homebuyer Credit. Claiming [...]