IRS guide outlines stimulus-related tax breaks

12/7/2009 | WebCPA

Publication 17, a new tax guide issued by the Internal Revenue Service, outlines most of the new recovery tax breaks for tax preparers and taxpayers. The Making Work Pay Credit for most workers, the American Opportunity Credit for parents and college students, energy credits for homeowners going green, the First-Time Homebuyer Credit and other tax breaks that were part of the stimulus bill are outlined in the publication.

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