2008
Adoption Benefits Increased
For 2008, the maximum adoption credit has increased to $11,650. Also, the maximum exclusion from income for benefits under your employer’s adoption assistance program has increased to $11,650. These amounts are phased out if your modified adjusted gross income (MAGI) is between $174,730 and $214,730.
2008 IRS Tax Refund Cycle Chart
Tax Refund Cycle Chart for your 2008 tax refunds. Taxpayers who e-file can get tax refund information 72 hours after the tax return is acknowledged as accepted by the IRS. When you look at the Refund Cycle Chart use the date your return was accepted and not the date you sent your return using efile.
2008 Earned Income Credit Changes
The following paragraphs explain the changes to the credit for 2008. Amount of credit increased The maximum amount of the credit has increased. The most you can get is: $2,917 if you have one qualifying child, $4,824 if you have more than one qualifying child, or $438 if you do not have a qualifying child.
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 [...]
Calculate Tax Rebate 2008
Here is a little tool I found to help calculate your tax rebate for 2008. We are not responsible for content or the accuracy of tools provided by external sources.
2008 Tax Rebate – New Information Released
WASHINGTON — The Internal Revenue Service released additional information today about the upcoming economic stimulus payments (2008 Tax Rebate) in a specially designed section for taxpayers on IRS.gov. The new information includes an extensive set of Frequently Asked Questions about the stimulus payments, with a special emphasis on recipients of Social Security and certain veterans’ [...]
