As the end of the 2009 tax year approaches, the Internal Revenue Service (IRS) has issued a tax guide featuring new tax-saving opportunities, including information on:
· The making work pay credit for most workers;
· American opportunity credit for parents and college students;
· Energy credits for homeowners going green;
· First-time home buyer tax credits,
· Sales or excise tax deduction for new car buyers; and
· The expanded child tax credit and earned income tax credit for low- and moderate-income workers.
Source: IRS
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