In these economically tough times, most people are looking for ways of saving taxes. There are many ncentive tax savings through purchasing of homes or starting new businesses, but only a few taxpayers would go to those lengths to save tax. The good news is that there are numerous other tax breaks ranging from energy saving home improvements to tuition costs and child credits that you can avail. [Read more…]
Tax Break for Companies Hiring Unemployed
A new legislation has been passed by the Congress that will offer tax breaks to companies hiring the unemployed. $18 billion has been budgeted for this and other initiatives and it comes from the series of efforts to boost employment in the country. [Read more…]
$15 Billion Plan to Stimulate Employment
The House has approved a plan that would spend $15 billion on measures targeted at job creation. The plan would give tax breaks to businesses as an incentive to hiring new employees. Supporters of the plan claimed that it would end up creating 1 million jobs. [Read more…]
Don’t Miss Out on These Tax Breaks
The tax filing deadline is not too far and you must be looking for all possible options of saving tax. The good news is that because of the stimulus package, there are many ways of reducing your tax liability. Here are some of the options available that you might not be aware of. [Read more…]
