credit »

Making Work Pay Credit

Making Work Pay Credit

TaxTV Staff February 22, 2012 0

Top Takeaways 1: Making Work Pay Credit is Available for Tax Years 2009 and 2010 This popular credit, designed to offset the Social Security taxes paid by low and middle income workers, provided a

Read More »
Child Care Expense Credit

Child Care Expense Credit

TaxTV Staff February 15, 2012 1

Top Takeaways 1: Child and Dependent Care Credit is Available to Taxpayers who Work To claim the child and dependent care expenses credit, you must have paid for the care of a qualifying individual, so

Read More »
Federal Judge Blocks New Arizona Abortion Tax Law

Federal Judge Blocks New Arizona Abortion Tax Law

TaxTV Staff December 26, 2011 1

A new Arizona tax law, originally scheduled to go into effect on Jan. 1, has been blocked by a federal judge. The law, which began as House Bill 2384, specifically addresses organizations that “provide,

Read More »
Veterans Tax Credit

Veterans Tax Credit

TaxTV Staff November 13, 2011 0

Top Takeaways 1: Work Opportunity Credit Extended for Veterans The legislation expanded the Work Opportunity Tax Credit for businesses that hire unemployed veterans through the end of 2012. 2: Work Opportunity Credit amount depends

Read More »
Undocumented Workers Received $4.2 Billion in Refundable Tax Credits

Undocumented Workers Received $4.2 Billion in Refundable Tax Credits

TaxTV Staff July 8, 2011 0

Undocumented workers received $4.2 billion in refundable tax credits from the U.S. government, reported the U.S. Treasury Inspector General for Tax Administration (TIGTA). The report issued yesterday by TIGTA found that individuals not authorized

Read More »