If you or your spouse served in a combat zone in 2009, you might not be required to file a tax return. But you might want to do so anyway, to claim a valuable tax break that puts dollars in your pocket.
Valentine’s Day also happens to fall during tax season–and it’s important to know that most of life’s big milestones, such as having a baby or buying a home, come with lovely (forgive the pun!) implications. Here are some timely tax tips to plan for these life-altering events which may have occurred in 2009.
Today, Congress is expected to start discussing a new bill intended to assist those of us who have contributed to organizations bringing relief to Haiti this year. The new law would consider cash charitable contributions made this year through February 28 tax deductible for both 2009 or 2010 tax returns.