TAX TIPS FOR 2009 RETURNS

  • MAKING WORK PAY CREDIT
    Is a credit employees are already getting in the paycheck.
    Self employed workers will get credit on their tax returns.
    A new schedule M has been added to figure the credit.
  • EARNED INCOME CREDIT INCREASED
    For families with three or more children.
  • FIRST TIME HOME BUYERS CREDITS
    Get $8000 from IRS and $1800 from Georgia.
  • CREDITS FOR QUALIFIED TUITION
    New, Higher Education Tax Credits for College Students.
  • RESIDENTIAL ENERGY CREDITS
    Save up to $1500 with the 2009 Federal tax credit for Qualified energy efficient home improvements.
  • BIG ROTH IRA CHANGES
    In 2010 the IRS will do away with income restrictions so everyone will be eligible to convert to ROTH.
    You can spread the taxes due over 2-years(2011/2012).
  • TAX TIPS FOR THE UNEMPLOYED
    First $2400 of unemployment is excluded from 2009 income.
    Don't forget job seeking expenses may be deductible.
    Even mileage so keep track!

To get tax forms, go to http://www.irs.gov or come by one of our offices - see our locations or call 1-800-829-1040

To contact GA Department of Revenue

Website http://etax.dor.ga.gov
Telephone refund inquiry 1-877-423-6711


 


Phone: 770-433-0606
300 Village Green Circle, Suite 104; Smyrna, GA 30080
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