March 2008
You are browsing the archive for March 2008.
Combat Pay Counts Toward Economic Stimulus Payment Eligibility
Combat Pay Can Count Toward Economic Stimulus Payment Eligibility WASHINGTON — Military personnel serving in combat zones have the option of including their nontaxable combat pay on their 2007 or 2008 income tax returns if it helps their eligibility for the 2008 economic stimulus payments. To receive the stimulus payment this year, combat zone personnel [...]
Tax Rebates Mailing Begins May 2nd
IRS Announces Economic Stimulus Payment Schedules, Provides Online Payment Calculator WASHINGTON — The Internal Revenue Service announced today that it will begin sending more than 130 million economic stimulus payments starting May 2. The initial round of weekly payments will be completed by early July. Stimulus payments will be made by direct deposit to people [...]
Tax Credit for Fuel Cell Vehicles
IRS Explains How Manufacturers and Purchasers Can Take Advantage of Tax Credit for Fuel Cell Vehicles WASHINGTON — The Internal Revenue Service today issued a notice providing procedures for vehicle manufacturers to certify that a fuel cell vehicle meets the requirements for a tax credit. It also provides guidance to taxpayers who purchase certified vehicles [...]
Top 2008 Tax Scams
Phishing Scams, Frivolous Arguments Top the 2008 ‘Dirty Dozen’ Tax Scams WASHINGTON – The Internal Revenue Service today issued its 2008 list of the 12 most egregious tax schemes and scams, highlighted by Internet phishing scams and several frivolous tax arguments. Topping this year s list of scams is phishing, which encompasses numerous Internet-based ploys [...]
