Monthly Archives: May 2009

What time limits does the IRS have?

There are three main time limits, or statute of limitations, that the IRS must follow in order to legally administer and collect a tax.  The three main statute of limitations are the on assessment, collection, and credits and refunds. The … Continue reading

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Business Overview of the American Recovery and Reinvestment Act of 2009

The American Recovery and Reinvestment Act of 2009, also known as the ARRA, was signed into law on February 17, 2009 and contains tax relief and other benefits for individuals as well as businesses. The following provisions of the ARRA … Continue reading

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Individual Overview of the American Recovery and Reinvestment Act of 2009

The American Recovery and Reinvestment Act of 2009, also known as the ARRA, was signed into law on February 17, 2009 and contains tax relief and other benefits for individuals as well as businesses. The following provisions of the ARRA … Continue reading

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