O'Reilly logo

How to Pay Zero Taxes, 2018: Your Guide to Every Tax Break the IRS Allows, 35th Edition by Jeff A. Schnepper

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 18

2009 Tax Changes

“It’s just as important to get it done right as it is to get it done quickly.”

BRUCE JUSTINExecutive Vice President,U.S. Chamber of Commerce

On February 17, 2009, President Obama signed into law H.R. 1, the American Recovery and Reinvestment Act of 2009 (ARRA). The nearly $800 billion plan seeks to stimulate the economy and address the current financial challenges we face through a combination of $326 billion in tax relief, aid to states and municipalities, and direct federal spending. ARRA includes a wide variety of tax relief provisions for businesses, low- and moderate-income individuals, and families. These are discussed below.

201   “Making Work Pay” Tax Credit

This provision of the American Recovery and Reinvestment ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required