Wednesday, April 22, 2009

Taking advantage of the stimulus


By Michael Boshnack

I am going to blog again about some of the tax benefits and other benefits Americans can receive through the new stimulus package. Mostly because all of these changes directly appeal to our age group considering we are just entering to work for and a lot of the provisions only apply to people making less than $100,000 or $250,000.

Everyone can expect a $400 check, or $800 if you are married. To get this credit you had to have made at least $3,000 last year. Make sure you do your research before making purchases for your first home or apartment, as there are tax credits that apply for buying energy efficient and green appliances. If you need more information on what other credits apply check out white house.gov and they will outline all the tax incentives, grants and other stimulus provisions made to stimulate the economy.

To read more click on these articles:
Family
Lawmakers worry whether Obama tax cut will stimulate the economy
How economic stimulus will affect 2008 tax returns

No comments:

Post a Comment