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Politics

: The Gavel

Recovery Act Tax Savings - See What You?re Eligible For

By Karina

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The tax cuts in the American Recovery and Reinvestment Act, signed into law by President Obama last February, gave 95% of American workers a tax cut, and encouraged new job-creating investments by businesses large and small. Many of these tax credits will transform our economy for years to come, such as in renewable energy and energy efficiency. As tax day is approaching, WhiteHouse.gov launched a Recovery Act Tax Savings Tool to help you determine which of the more than a dozen Recovery Act tax benefits you are eligible for this tax season?from the expanded first-time homebuyer credit to the new College Tax Credit:

Learn more about the tax cuts and credits in the Recovery Actť

Learn more about the tax credits for both individuals and businesses in the Recovery Act on IRS.govť

Full post as published by The Gavel on April 07, 2010 (boomark / email).

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