Category Archives: Taxes

IRS Seeks to Return $123.5 Million in Undeliverable Refunds to Taxpayers; IRS Reminds Taxpayers to Use E-file and Direct Deposit

Source: IR-2009-101, Nov. 5, 2009 WASHINGTON — The Internal Revenue Service is looking for taxpayers who are due to receive a combined $123.5 million in the form of 107,831 refund checks that were returned to the IRS by the U.S. … Continue reading

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Five Facts about the Making Work Pay Tax Credit

Working taxpayers may be eligible for the Making Work Pay tax credit, a significant tax provision of the American Recovery and Reinvestment Act of 2009. This tax credit means more take-home pay for millions of American workers. Here are five … Continue reading

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What is Making Work Pay?

Making Work Pay is a new tax credit as part of the American Recovery and Reinvestment Act of 2009.  It will give taxpayers a refundable tax credit of up to $400 for single taxpayers and $800 for married taxpayers filing … Continue reading

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First Time Home Buyer Credit

Are you a first time home buyer?  Have you taken advantage of the First Time Home Buyer Credit? If not you still have time.  First time homebuyers are now eligible to receive a tax credit of up to $7,500 or … Continue reading

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