2009 Economic Recovery Payment
Are you unsure if you received an economic recovery payment in 2009? Chances are you will need to know the answer to this question as you prepare to file your 2010 income taxes. Click the link below to determine whether or not you received this payment.
New 2011 Payroll Tax Cuts!
Millions of workers will see their take-home pay rise during 2011 because the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides a two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2 percent to 4.2 percent of wages paid.