Tuesday, March 23, 2010

The Recovery Act Tax Savings Tool

The Recovery Act Tax Savings Tool is intended to help taxpayers determine their potential eligibility for various tax benefits available under American Recovery and Reinvestment Act. Taxpayers who use this tool are still responsible for determining their eligibility under applicable laws for any claimed tax benefits. The Recovery Act Tax Savings Tool and any output provided by it, are not, and may not be relied upon or cited as a ruling, written determination, legal precedent, or any other type of authority. Taxpayers who have questions regarding their eligibility for tax benefits under the Recovery Act should review the relevant IRS forms and instructions or contact a qualified tax professional.



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