J.K. Lasser's New Tax Law Simplified 2010: Tax Relief from the American Recovery and Reinvestment Act, and More

Who can keep up with the ever-changing tax landscape? Now you can easily find the new breaks that apply to you and your family on your 2009 return and beyond in J.K. Lasser’s New Tax Law Simplified 2010. Take advantage of:

• A homebuyer credit for first-timers and long-time residents that’s fully refundable (payable to you even if it’s more than your tax bill).
• A new tax credit for higher education, 40% of which is refundable.
• A credit for making energy improvements to your home, such as adding insulation and storm windows or solar panels and heat pumps.
• Roth IRA conversions after 2009 if your income bars you from making one in 2009.
• Tax-free income opportunities, from cash-for-clunkers to withdrawals from 529 college savings plans to pay for computers and Internet access.

Straightforward explanations of the new tax laws

Things have changed radically in our economy and our finances. Everything has been affected: from housing and education, to employment, and beyond. These changes are complex and will have a dramatic effect on taxpayers. But all is not lost.

J.K. Lasser provides the tips and tools needed to gain a better understanding of what is going on and help you save money on your 2009 return. Perhaps more importantly, this book will help you plan ahead for future tax savings.

Written by the recognized authority in taxes, J.K. Lasser’s New Tax Law Simplified 2010 transforms the complex new tax laws into plain English that any taxpayer can understand. Filled with up-to-the-minute facts and figures, this book makes it easier for you to learn about—and profit from—the laws that govern your taxes.

Informative and accessible, this reliable resource:

• Outlines various tax relief strategies that will help you benefit from the American Recovery and Reinvestment Act

• Contains numerous examples and tables that highlight the issues addressed

• Helps you understand and utilize the new tax programs and regulations for this year and next year

• Details new tax breaks that will improve your family’s education

• Reveals easy-to-do planning strategies

• And much, much more!

While you may be concerned with the current state of the economy and financial world, this can be a time of great opportunity—if you take advantage of the guidance found in J.K. Lasser’s New Tax Law Simplified 2010.