The American Recovery and Reinvestment Act of 2009

There has been a lot of media coverage of late concerning the American Recovery and Reinvestment Act and how it will affect taxpayers. The good news is that there is no change to the current filing season. However, depending on your income level, there may be some good changes ahead for the 2009 tax year.

My software provider, Drake, has prepared some documents that highlight the act and explain things
quite clearly. Rather than re-writing everything in my own words, I have attached these documents to this article for you to review at your convenience.

If you have any questions, feel free to contact me and I will do my best to add clarification where I can.

Documents:

Incentives for Individuals
Incentives for Businesses
Energy Incentives
State and Local Governments