IRS Features Recovery Tax Credit Information now on YouTube and iTunes
To help taxpayers take full advantage of the 2009 tax provisions in the American Recovery and Reinvestment Act, the IRS has launched a YouTube video site. People without an iTunes account can hear those same podcasts, in English and Spanish, on IRS.gov’s Multimedia Center.
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New IRS Materials Available to Promote Awareness of Recovery Act Tax Benefits
As part of a larger effort to increase the awareness and use of tax benefits available through the American Recovery and Reinvestment Act (Recovery Act), the Internal Revenue Service has announced the availability of a vast array of products that help explain several tax benefits currently available to American families.
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Deadlines Near for Business to Choose Expanded NOL Election
Eligible taxpayers must act soon if they want to take advantage of the expanded business loss carryback option included in this year’s Recovery law. This carryback provision offers small businesses that lost money in 2008 an excellent way to quickly get some much needed cash if they were profitable in previous years.
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While digesting IRS info is not the most exciting way to spend an afternoon, learning more about these programs can really impact the bottom line!
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