JK Harris | February 27, 2009
WASHINGTON –– In response to errors showing up on early tax filings, the Internal Revenue Service today urged taxpayers and tax preparers to make sure they properly determine eligibility for the recovery rebate credit before they file their 2008 federal tax returns.
Some individuals who did not get the economic stimulus payment, and a smaller number [...]
Category: Tax Alerts, Tax Preparation |
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Tags: economic stimulus payment, recovery rebate credit
JK Harris | February 25, 2009
The IRS sent taxpayers nearly 119 million economic stimulus payments last year. When filing a 2008 federal tax return, taxpayers will need to know the amount of their stimulus payment to properly determine if they are eligible for a recovery rebate credit.
Here are six tips for finding how much you received and correctly claiming the [...]
Category: Tax Alerts, Tax Preparation |
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Tags: economic stimulus payment, recovery rebate credit
JK Harris | February 25, 2009
You must file a tax return if your income is above a certain level. The amount varies depending on filing status, age and the type of income you receive.
For example, a married couple both under age 65 generally is not required to file until their joint income reaches $17,900. However, self-employed individuals generally must file [...]
Category: Tax Alerts |
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Tags: child tax credit, earned income tax credit, filing a tax return, recovery rebate credit