Keep informed about new content on USTaxTips.net:
By
RSS news feed
By
e-mail
You will
get one e-mail at the end of the day, on any day that new content is added
to this page.
What's new on USTaxTips.net
Your income tax return can be filed manually, or
electronically. You can file for free using the Free File program.
Most forms are available already for the 2009 tax
year. We provide links to the schedules and forms which accompany
each of the three tax return forms - 1040, 1040A, and 1040-EZ.
Glancing through the list of forms helps to provide information on what
credits and deductions may be available to you.
The deadline for the refundable
First-Time Homebuyer Credit has been extended to principal residences
purchased prior to May 1, 2010, with the contract closing prior to July 1,
2010. The credit has also been extended to current homeowners who
are long-time residents of the same home, and are now purchasing a new
home. The income limitations for claiming the credit have also been
increased.
The 2010 Federal tax rates have been published.
Some tax bracket thresholds have had minor adjustments. The standard
deduction remains unchanged for all taxpayers except heads of household,
for whom the deduction has been increased from $8,350 to $8,400.
Time is running out to qualify for the refundable
First-Time Homebuyer Credit. To qualify for the credit, the completed
purchase must occur before December 1, 2009.
Economic
Stimulus Payments and Federal Tax Refunds - Checks totalling $266
million have been returned to the IRS due to incorrect mailing
addresses. See how to check on your payments and refunds.
Federal personal income tax rates:
Glossary items added - discount
rate, federal funds
rate.
Resources page added, with
links to foreign exchange rates, interest rates, and many US government
resources.
Save Money page added,
with 11 articles to help you save money and build wealth.
Site first published September 17, 2008
Revised: December 04, 2009
