"Nunsensations!" (Westwego)
March 2, 2010
Woman found dead, TPSO awaiting cause
March 4, 2010Have a tax question? You’re in luck.
Today, from 3 to 6 p.m., the Society of Louisiana CPAs (LCPA) is sponsoring its annual state CPA Tax Hotline.
Callers can expect to spend 5 to 10 minutes with a Certified Public Accountant and get free, professional assistance with basic personal or corporate tax questions.
The hotline can be reached at (877) 852-1040. The phone lines will be operational only for the three hours this evening; however, tax help is available via the LCPA’s Web site. Free Tax Savings Tips are ready for download.
Taxpayers are reminded to take advantage of additional tax deductions and credits available through the American Recovery & Reinvestment Act. Signed into law by President Barack Obama on Feb. 17, 2009, the ARA is a $787 billion economic stimulus package that includes several tax-saving opportunities, such as the Making Work Pay Credit for most workers, American Opportunity Credit for parents and college students, energy credits for homeowners going green, First-Time Homebuyer Credit, 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.
According to the LCPA, tax credit is available for the unemployed as well.
The first $2,400 of unemployment compensation received is excluded from your gross income and not subject to tax, and workers who involuntarily lose their jobs between Sept. 1, 2008, and Feb. 28, 2010, may qualify for reduced COBRA health insurance premiums for a period of up to 15 months.
