Showing posts with label questions. Show all posts
Showing posts with label questions. Show all posts

Saturday, February 21, 2009

Here is a notification from the IRS.
There is a lot of talk around about the Stimulus Package, the following will help clearify what is really going on and how it may affect you.

The new American Recovery and Reinvestment Act of 2009 is the subject of
many conversations and is generating many questions. Many of these questions
center on how will this affect taxpayers this filing season and next. We have
placed information to help answer that question, and others, a special
website:

Tax Provisions in the American Recovery and Reinvestment Act of
2009


The Service is working diligently to complete an analysis
of this new legislation to determine its full effect on processes and forms and
to implement them. We are committed to doing this as quickly – but more
importantly – as thoroughly as possible and will be providing updates via
IRS.gov. So, please monitor our Website (
www.irs.gov) for the latest
information over the course of the next few weeks and months.


The link above - was sent via IRS notification 2-20-09
For those of you with CPA's, and other Tax Professionals, make sure they update you on upcoming changes that may affect your particular tax scope. Many of you do not realize how much an hour you pay to these sages ahold of your "books", so make them earn it. Ask to be put on an e-mail notification list, or go to the IRS website and do a "search" for your item, include the tax year you are considering ie; 2008, 2009, 2010