We don't want to rush you but you have:
left until your taxes are due

Tax Tips Small Business

Tax Credit Available for Hiring Certain Employees
Work Opportunity Tax Credit saves employers tax dollars

The Work Opportunity Tax Credit (WOTC) is available to employers who hire individuals from one of nine targeted groups. Recent legislation extended the credit through August 31, 2011. To take the credit, the employee(s) you hire must be from one of the following targeted groups:
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Small Business Quick Tip

The Stimulus Act increases the expense deduction for business equipment purchased in 2008 to $250,000.
Individual Links
Web Links
Display # 
# Web Link Hits
1   Link   Foreign Exchange Rates
Planning a trip abroad? This website has up-to-the-minute exchange rates for all major currencies. 		46
2   Link   Unclaimed Property Owners List
Is the State of Connecticut holding property that belongs to you? Find out by checking this website. 		62
3   Link   Social Security Administration
The Social Security Administration's website is a great place to request earnings reports or to ask questions about Social Security. 		48
Tuesday, 06 January 2009

 

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Tax Tips Personal

Tax Break for Reservists Called to Active Duty
Penalty-free withdrawals from retirement plans
If you are a reservist or national guardsman who was ordered or called to active duty for a period in excess of 179 days, you may withdraw money from your qualified retirement plan or IRA without incurring the 10% premature distribution penalty.
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Personal Quick Tip

It doesn't appear that a college education will get cheaper any time soon. Look into establishing a qualified tuition plan for your children. The earnings in the account grow tax-free. As long as the funds are spent on qualified education expenses, there are no tax consequences. Plus, there may be an added tax benefit at your state level.