Your 2009-2010 Tax Planning Guide.
Important Client Information:
New Homebuyers Credit requires paper filing of the 2009 return
In November 2009, President Obama signed the bill which both extended and liberalized the first-time homebuyer tax credit. This credit was scheduled to expire on November 30, 2009. The new law extends and expands the first-time homebuyer credit by...
Haiti Earthquake relief contributions made before March 1, 2010
President Obama signed into law a bill that allows two options for the deduction of monetary contributions for Haiti Earthquake Relief. For contributions made after January 11, 2010 and before March 1, 2010, taxpayers can claim a deduction on their 2009 or their 2010 returns. The bill also contains a provision which recognizes donations made to a charitable orgnaization via text message.
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