The Research & Experimentation Tax Credit

  • October 17, 2011

written by Jay Logal and Jennifer Cochran This is article number three in our series of Tax Credits. The first and...

The Work Opportunity Tax Credit

  • September 23, 2011

This is article number two in our series of Tax Credits. The first article can be found here. Basic Facts Code...

Welcome to the World of Tax Credits

  • September 6, 2011

Would you like to reduce your personal and corporate tax liability? At The Whitlock Company we are always looking for way...

How Do I… Qualify for the Residential Energy Property Tax Credit in 2011?

  • August 11, 2011

In recent years, Congress has used the Tax Code to encourage individuals to make energy-efficient improvements to their homes. The credit...

How Do I… Qualify for the Residential Energy Property Tax Credit in 2011?

  • August 1, 2011

In recent years, Congress has used the Tax Code to encourage individuals to make energy-efficient improvements to their homes. The credit...

What’s New In Back-To-School Tax Savings

  • September 3, 2009

Many back-to-school college students and their families are facing the toughest time in years, in meeting the costs of higher education due to the recent economic downturn. In an attempt to face this challenge, Congress recently passed some tax relief for college students and families that, together with scholarships, loans and work-study grants, can provide invaluable lifelines this year. The tax relief is twofold: the new American Opportunity Tax Credit and more liberal withdrawal rules for Section 529 plans to cover technology needs. Both tax provisions are temporary - for 2009 and 2010 only - but likely will be extended in some form if the need continues.

All-Electric Tesla Roadster…0-60 In 3.9 Seconds And Saves Tax Dollars

  • March 10, 2009

If you purchase an all-electric Tesla Roadster (base price $109,000) you can receive up to a $7,500 tax credit under the American Recovery and Reinvestment Act of 2009. Read about this and other Green Energy Tax incentives in the new tax act summerized in the latest Journal of Accountancy article.