Back in the spring of 2009, a cornerstone of the government’s massive $800 billion stimulus package was a tax credit for millions of American workers. In theory, the extra money would provide a touch of stability for families, plus get more money flowing through the struggling economy. source.
Now approximately 15 million taxpayers will have to repay Uncle Sam!
Individuals Who Work Two Jobs
Working Married Couples
Working Students
Social Security Recipients
More IRS info.
Related Reading:
How to Pay Zero Taxes 2010“If there’s a tax break allowed out there, it’s in here.”
—New York Daily News
Unlike most other tax guides, How to Pay Zero Taxes focuses on tax saving, not tax preparation. Jeff Schnepper stands apart from the crowd of tax-book authors by creating an easy-to-read, easy-to-apply guide that explains what people really care about—paying less to the IRS!
This updated edition covers more deductions than any other such book, including those related to child care and elder care, job hunting expenses, mortgages and points, investment expenses, and 401(k)s.
Taxes Made Simple: Income Taxes Explained in 100 Pages or LessFind all of the following, explained in plain-English with no legal jargon:The difference between deductions, exemptions, and credits
Itemized deductions vs. the standard deduction
Several money-saving deductions and credits and how to make sure you qualify for them
How to calculate your refund
How to know which tax forms to fill out
State income taxes
Alternative Minimum Tax (AMT)
Capital Gains and Losses
J.K. Lasser's Your Income Tax 2010: For Preparing Your 2009 Tax ReturnAmerica's number one bestselling tax guide offers the best balance of thoroughness, organization, and usability
For over half a century, more than 39 million Americans have turned to J.K. Lasser for easy-to-follow, expert advice and guidance on planning and filing their taxes. Written by a team of tax specialists, J.K. Lasser's Your Income Tax 2010 includes all the outstanding features that have made this book the nation's all-time top-selling tax guide.
As an added value, you can gain direct access to dozens of bonuses through jklasser.com, including links to the latest tax forms from the IRS, up-to-the-minute tax law changes, small business help, and much more. The book of choice for today's serious taxpayer Your Income Tax 2010 contains
- Over 2,500 easy-to-use tax planning tips and strategies
- Easy-to-understand coverage of the year's tax law changes
- Filing tips and instructions to help you prepare your 2009 return
- Quick reference section that highlights what's new for 2009
- Quick topic index to help pinpoint the biggest money-saving deductions
- Advice for customers whose use software or CPAs to file their taxes
Filled with expert advice and guidance, J.K. Lasser's Your Income Tax 2010 will help you plan and file your 2009 tax return in the most efficient way possible.
Unbridled Power: Inside the Secret Culture of the IRSHired by the IRS as its first and last official historian, Shelley Davis was afforded a rare glimpse into the nation's most feared government agency. What she saw, and what she writes, will outrage you.Learn the shocking truth behind its closed doors:
A secret plot to destroy presidential tax returnsThe real story of the IRS and the Watergate Enemies ListBotched efforts to computerize and the resulting cover-upDeliberate destruction of self-incriminating recordsUse of taxpayer privacy laws by the IRS to protect itself from public scrutinyAudits of political enemies
"Shelley's story speaks directly to that pervasive fear so many of us law-abiding Americans feel, deep in our guts, that our own government is, at best, hiding something from us, and at worst, working against those folks it exists to serve."
From the foreward by Mary Matalin