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| FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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February 3, 2010 Self Employed? You Might Be Eligible for a Tax CreditSelf-employed individuals and employees earning $48,821 or less could qualify for an Earned Income Tax Credit worth up to $5,657, the IRS announces recently. The stimulus legislation, the American Recovery and Reinvestment Act provides a temporary increase in EITC and expands the credit for workers with three or more qualifying children. The following changes... Subscribers have free access to the archives. Click here. |
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