Monday, December 29, 2008

IRS Says It's Time To Get Ready For Tax Season

With tax season almost here the IRS is offering advice and tips for tax payers. The IRS recommends that tax payers get to work now in organizing all of their tax information. That means making sure you have receipts for all charitable donations made as well as making sure you don't misplace your W-2 form.

There are some new tax breaks and tax credits in place. For example, first time home buyers can qualify for up to $7,500 in tax credits and if you make any home improvements on your house in 2009 you can receive tax credits as well.

The IRS recommends checking their website at IRS.gov for additional information or questions.

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