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Check Out These Tax Tips Before Filing Your Federal Income Tax Return

income_tax_forms.jpgMarch 2010

Tax time has rolled around again. Wouldn’t you like to save all you can? Some of the many changes to the federal tax code in 2009 might help you save on your taxes. Various tax deductions and tax credits are new, extended, or expanded. This month’s report takes a brief look at some of those tax deductions and credits.

Tax Deductions/Credits Available if You File Form 1040, 1040A, or 1040EZ

No matter which 1040 form you file, make sure you consider these deductions and credits.

 

 

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March 2010

Scammers are taking advantage of the 2010 Census which has begun.

Looking for information on the Toyota issues? Check out this one stop resource from The Center for Auto Safety.


Don't be a tax-time phishing victim

 

 

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Planning on Working This Summer?

Think Outside The Box!

teen powerwashing drivewayThe summer of 2010 can be a tough summer to find a part-time job, if you’re still in school: plenty of college graduates can’t find work. Many businesses—even those that normally hire people in the summer—have cut back their staffs. And plenty of adults with years of work experience are out there pounding the pavement, too.

So, what can you do? Be creative, and be brave—that’s what! And be quick. April is nearly too late to pin down a job in many fields.

 

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Brain Food

March 2010

Each month, Brain Food highlights podcasts by others on key issues that impact your pocketbook.

This month we highlight a Marketplace Money show about the credit card reform act that took effect on February 22, 2010.

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Web Links

March 2010

Census Forms will soon be appearing in mailboxes. Check out the Census 2010 site for answers to questions, how the process works, and why the census is taken every 10 years.

1040 Central
Check out this section of the IRS website for tax law changes, tax fraud alerts, first-time homeowners credit, frequently asked questions, and much more.

Track down the best tax preparer
Looking for someone to prepare your taxes, then this article gives you tips on how to find the best one for your situation.

Watch Out! Here's what's not covered by the CARD Act
This article from Consumer Reports describes some practices that the CARD Act doesn't cover.

StraightTalk Video

stt.jpgOur StraightTalk team of Nick, Will and Remar brings three generations of consumer knowledge to the Corning Federal Credit Union Community.

 

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