Newsletter for February 25, 2008

Stimulus Package 
President George W. Bush signed a multibillion-dollar economic rescue package on February 13, 2008. This means an extra $300 to $1,200 in income for many American households. After the current tax season wraps up the IRS will begin sending payments to more than 130 million taxpayers in early May and will continue over several weeks during the spring and summer. Read more...

Stimulus Package - Business Deductions
President George W. Bush signed a multibillion-dollar economic rescue package on February 13, 2008, which includes not only the much publicized individual rebates but also business deductions. So even if you don’t qualify for an individual rebate, perhaps you can take advantage of the stimulus package in your business.  The new package provides businesses with two new tax incentives that add up to $44.8 billion in tax relief for the 2008 tax year. Read more...  
 

Reminder: Business Tax Returns Due March 17, 2008!
As the end of winter approaches, so does the due date for your business tax returns.  All corporate tax returns, including those for S corporations, need to be filed by March 17th or an extension must be filed. Read more...

Where Is My Refund?
The Internal Revenue Service offers taxpayers two easy ways to find out the status of their refund check. Read more...

Disclaimer of Liability
We take great care in the preparation of our articles and announcements. We also have a process of reviewing articles when major changes take place. The business, legal, and tax climate is constantly changing especially when reviewed on an industry basis.

It may be very important to consult with us or your Investment Advisor before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements.

We are not responsible for errors, misinterpretations, or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business, or tax situation. Please consult us first to discuss applying any articles or announcements to your specific situation.  We may be reached at (317) 842-4466 and welcome your feedback.

In compliance with Federal Law, we disclose that this is a commercial email. Indianapolis, IN 46250