by mariettacp | Feb 9, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The 2010 Form 1040 reflects a number of new tax breaks we want you to be aware of so you can take full advantage of them. Today’s post addresses changes to the tax laws regarding health insurance for small and self-employers. There’s a new tax credit for...
by mariettacp | Feb 2, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The 2010 Form 1040 reflects a number of new tax breaks. Some are straightforward. Others are complex. Some present choices. But they all provide an opportunity to save money. We want you to be aware of the new tax breaks for this filing season so that you can take...
by mariettacp | Jan 17, 2011 | Money Tips, Tax Planning, Tax Tips
The Tax Relief Act contains a trove of other tax breaks for businesses and individuals. One area of the tax-cut rules to be extended are those under JGTRRA. The bill defers for two years the sunset rule of Sec. 303 of the Jobs and Growth Tax Relief Reconciliation Act...
by mariettacp | Jan 14, 2011 | Money Tips, Tax Planning, Tax Tips
Congress passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on December 16, 2010 and President Barack Obama signed it into law on December 17, 2010. This sweeping tax package includes, among many other items, an extension of...
by mariettacp | Jan 7, 2011 | Money Tips, Tax Planning, Tax Tips
The total (aggregate) credit for energy efficient improvements to the home in 2009 and 2010 is $1,500. Unless Congress acts, this tax break won’t be around after this year. Additionally, substantial tax credits are available for installing energy generating...