For 2009, personal exemptions and standard deductions will rise and tax brackets will widen because of inflation adjustments announced today by the Internal Revenue Service.
Posts Tagged as ‘Tax’
March 4, 2009
IRS Information Related to the American Recovery and Reinvestment Act of 2009
IRS Information Related to the American Recovery and Reinvestment Act of 2009
Congress has approved and the President has signed new economic recovery legislation, the American Recovery and Reinvestment Act of 2009. The IRS is implementing tax-related provisions of this new program as quickly as possible.
Here are some key highlights:
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COBRA: Health Insurance Continuation Subsidy. The IRS [...]