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Tax Issues

Below you will find a list of topics in the Tax Issues forum at the WORLD Law Direct Forums. Personal and business taxes. Federal, state and local income taxes, sales taxes, etc.

The American Recovery and Reinvestment Act of 2009: IRS Information Center

Information for Individuals & Businesses

The IRS is implementing the tax-related provisions of the American Recovery and Reinvestment Act of 2009 (ARRA) as quickly as possible. More information on these and other provisions of the recovery program will be available on this Web site as it becomes available.

Read more:

The American Recovery and Reinvestment Act of 2009: Information Center

First-Time Homebuyer Credit

Overview

First-time homebuyers may be able to take advantage of a tax credit for homes purchased in 2008 or 2009. The credit:

Applies to purchases that close after April 8, 2008, and before Dec. 1, 2009.
Applies only to homes used as a taxpayer's principal residence.
Reduces a taxpayer's tax bill or increases his or her refund, dollar for dollar.
Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.

Read more:

IRS: First-Time Homebuyer Credit

Ask a Tax Advisor! Get dependable and clear tax advice from a real H&R Block tax pro, whenever you want.

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		Sticky: UBS, Feds, Swiss Reach Deal in Huge Tax Case; Names Likely to Follow WSJ_law_blog	Aug 25th, 2009 03:24 PM by Unregistered	3	284
		Sticky: This Year, Even the Taxman is Mad WSJ_law_blog	Apr 15th, 2009 10:40 AM by WSJ_law_blog	0	196
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		Sticky: CONGRESS IS poised to enact a massive taxpayer bailout of GM, Chrysler, and Ford forum_admin	Nov 17th, 2008 02:32 AM by Unregistered	2	914

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		Falsely declared by step-parent as employee on their tax forms TaxFraudInquirer	Oct 12th, 2006 11:52 PM by TaxFraudInquirer	0	1,182
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