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Video: What Are Tax Breaks?
Tax breaks refer to any applicable tax laws that reduce the amount of taxes you owe at the end of the year. Find out which tax breaks apply to you with information from TurboTax in this video on annual tax filing. Read more…
Hurricane Sandy Tax Relief
Several tax provisions were put in effect to help taxpayers who live or do business in areas affected by Hurricane Sandy—but a number of those provisions expired on Feb. 1, 2013. Read more…
What Are Tax Rebates?
Tax rebates encourage taxpayers to make certain types of purchases or to stimulate a flagging economy quickly by getting cash into consumers' hands. Read more…
2009 Stimulus Package: What's Still In It For You in 2010
For most taxpayers, there's more good news ahead. On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act into law -- an economic stimulus bill that gives tax breaks to a large portion of Americans of all ages and income levels, as well as to businesses. Many of those breaks continue into 2010. In late 2010, Congress passed and President Obama signed a tax relief act that added additional breaks and extended them into 2011 and beyond. Read more…
Deduct the Sales Tax Paid on a New Car
If you buy a new car, pickup truck, motorcycle or motor home in 2009 you could qualify for a new sales tax deduction, thanks to the stimulus law passed on February 17, 2009. Read more…
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