After months of preparation the 2009 stimulus package is moving into full swing. But before we assume you know everything you need to know about the stimulus package, here's one final look at the elements that taxpayers can take advantage of:
YOUR GUIDE TO THE 2009 STIMULUS
- The New Stimulus Tax Credit: This tax break puts up to $400 in your pocket.
- New Car Sales-Tax Deduction: Car buyers have till the end of the year to grab this above-the-line deduction.
- Better Benefits for the Unemployed: Qualified filers get an extra $25 a week.
- New Homebuyer Credit: Take up to 10% off your purchase price.
- Health-Care Subsidy: for the Unemployed Now there's extra help for paying COBRA coverage.
- AMT Tax Relief: Taxpayers get a one-year fix on the alternative minimum tax.
- College Aid Gets Fresh Funding: Rather than introduce big new ideas, this bill mostly replenishesunderfunded programs and increases amounts available to families.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
-
Stock Market Today: S&P 500, Nasdaq Hit New Highs on Retail Sales RevivalStrong consumer spending and solid earnings for AI chipmaker Taiwan Semiconductor Manufacturing boosted the broad market.
-
Higher Summer Costs: Tariffs Fuel Inflation in JuneTariffs Your summer holiday just got more expensive, and tariffs are partially to blame, economists say.
-
Skip the Sales Taxtaxes Save money back-to-school shopping in 17 states with sales tax holidays this summer.
-
What to Do If Someone Files a Tax Return in Your NameScams Take these steps if you think you're a victim of tax fraud.
-
2014 Sales Tax Holidays for Back-to-School ShoppingTax Breaks You can shop tax-free for clothing, computers, school supplies and more on certain days in these 16 states.
-
How I Dodged a Phony IRS Tax Scam
Scams Here's what I did to avoid becoming a victim when someone called and tried to rip me off.
-
Traveling? Better Budget for Taxes
Travel You’ll pay plenty for hotels, rental cars and restaurant meals.
-
IRS Warns of E-mail Tax Scam
Scams Watch out for bogus e-mails claiming there's a problem with your 2013 tax return.
-
IRS Has $760 Million in Unclaimed Refunds
taxes Here's how to find out if you're owed money and how to claim it.
-
How to Avoid Tax Scams
Scams Take these steps to lower your risk of becoming a victim of fraud or identity theft during tax season.
