Nowack's News and Updates

IRS Releases Tax Tips for Higher Ed Expenses

By Josh Nowack on 19-Jan-10 15:48.

The American Recovery and Reinvestment Act was passed in early 2009 and created the American Opportunity Credit.

A few bad apples make a good tax credit hard to find...

By Josh Nowack on 16-Jan-10 23:17.

The extension and expansion of the homebuyer credit is great. Just don't spend that money too fast as the IRS wants to see some proof. Read more...

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Thoughts on the tentative agreement on the healthcare tax

By Josh Nowack on 14-Jan-10 23:09.

Earlier today, members of the Senate and the House of Representatives agreed on the framework for funding the national healthcare initiative. I don't want to spend to much time commenting on preliminary legislation, but I did want to point out a couple of observations.