Just My Random Stuff Just some hopefully useful, yet random posts from my own experiences, that nobody ever told me about before.

9Jul/090

A shout out to Obama

I don't mean for this post to be any political debate, mostly since I don't belive in the democrats anyway.  But, this year, Obama has certainly put in place a few very nice IRS tax deductions and credits.  For me personally, the following sound very very nice:

  • Up to $2,400 in Unemployment Benefits Tax Free in 2009 (since I got laid off, this is awesome)
  • Enhanced Credits for Tax Years 2009, 2010
  • Money Back for New Vehicle Purchases (I bought a new car this year, woo hoo!  Even us non-itemizers can use this one)
  • First-Time Homebuyer Credit Expands ($8,000 credit... maybe I should buy a foreclosure?)
  • Making Work Pay Tax Credit

I urge you all to check out the IRS page to check out all the individual and business credits and deductions.  If you haven't yet, you might be surprised.  So a shout out to Obama, probably the only one he will get from me.