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Tax Benefits for Businesses Who Have Employees with Disabilities

Businesses accommodating people with disabilities may qualify for some of the following tax credits and deductions. More detailed information may be found in the IRS publications referenced. Disabled Access Credit The Disabled Access Credit provides a non-refundable credit for...

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  • October 16, 2009

IRS Announces Pension Plan Limitations for 2010

IRS Announces Pension Plan Limitations for 2010 WASHINGTON — The Internal Revenue Service today announced cost‑of‑living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010. Section 415 of the Internal Revenue Code provides...

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  • October 16, 2009

Special Sales Tax Deduction for Car Purchases

….. Available through End of 2009 WASHINGTON — With 2010 models arriving in dealer showrooms, the Internal Revenue Service reminds taxpayers that purchasing a new car, light truck, motor home or motorcycle could qualify them for a special deduction...

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  • October 7, 2009

Six Facts About the American Opportunity Tax Credit

Many parents and college students will be able to offset the cost of college over the next two years under the new American Opportunity Tax Credit. This tax credit is part of the American Recovery and Reinvestment Act of...

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  • October 1, 2009