2009 IRS Tax changes - WALB.com, Albany News, Weather, Sports

2009 IRS Tax changes

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Thomasville woman celebrates 100th Birthday

    Thomasville woman celebrates 100th Birthday

    Sunday, April 20 2014 5:57 PM EDT2014-04-20 21:57:34 GMT
    A Thomasville woman is celebrating her 100th birthday. Irene Manning celebrates her 100th Birthday today. Friends and family threw her a birthday party at Cherokee Lake in Thomasville. Her grandson saysMore >>
    A Thomasville woman is celebrating her 100th birthday. Irene Manning celebrates her 100th Birthday today. Friends and family threw her a birthday party at Cherokee Lake in Thomasville. Her grandson saysMore >>
  • Easter Bunny visits hospitalized children

    Easter Bunny visits hospitalized children

    Sunday, April 20 2014 5:52 PM EDT2014-04-20 21:52:00 GMT
    The Easter Bunny made an appearance at Phoebe Putney Memorial Hospital today.   The Dougherty County Police Department partnered with the Easter Bunny Foundation to deliver stuffed Easter Bunnies to childrenMore >>
    The Easter Bunny made an appearance at Phoebe Putney Memorial Hospital today.   The Dougherty County Police Department partnered with the Easter Bunny Foundation to deliver stuffed Easter Bunnies to childrenMore >>
  • Storm clean up is underway at wildlife rehabilitation center

    Storm clean up is underway at wildlife rehabilitation center

    Sunday, April 20 2014 5:46 PM EDT2014-04-20 21:46:45 GMT
    Storm Clean up is underway at a wildlife rehabilitation center in Thomasville.   Sierra Dorpinghouse is all geared up and ready to help with clean up after Friday's storm damaged several animal cagesMore >>
    Storm Clean up is underway at a wildlife rehabilitation center in Thomasville.   Sierra Dorpinghouse is all geared up and ready to help with clean up after Friday's storm damaged several animal cagesMore >>

By Jim Wallace - bio | email

ALBANY, GA (WALB) –Tax crunch time is approaching. You have 18-days to file your income tax return.

You need to know about some important changes and new deductions this year.

Tax preparers are busy helping people find all the tax credits they are qualified for. Some are complex, but it can pay off for you if you review your tax situation.

Bo Williams & Associates Tax Services Manager Juanita Williams said "If a person is not able to itemize they still may be able to use their property taxes as a deduction. And also if they purchased a brand new vehicle after February 16th, they can still use the sales tax."

The IRS urges you to research before you file, to make sure you don't overlook benefits you might be entitled to such as the Residential Energy Property Credit for improvements like insulation or energy efficient appliances and the Home buyer Credit.

"Cash for Clunkers" money is not taxable.

Charitable contributions to Haitian relief efforts can be deducted this year.

College expenses can be deducted under the American Opportunity Tax credit.

The first $2400 of Unemployment compensation is tax free as are 65 percent of COBRA insurance premiums for nine months.

For more tax deductions, www.irs.gov

©2010 WALB News. All rights reserved.   Feedback

 

Powered by WorldNow