Tax Tips

• On January 21, 2010, the Senate passed and the President signed a bill which would allow taxpayers who make charitable contributions to aid Haitian earthquake victims to elect to claim an itemized charitable deduction on their 2009 tax return...Read More
• In response to the housing crisis in 2007 and 2008, several bills in the 110 th Congress proposed tax credits as a means of encouraging taxpayers to purchase a principal residence. Read More
• Congress wants you to purchase a new car or truck to help revive the U.S. economy. To encourage new vehicle sales, the American Recovery and Reinvestment Act of 2009 provides a deduction for state and local sales and use taxes. Read More