Find out about:
•Tax issues related to foreclosures, short sale and bankruptcy
•Money Back for New Vehicle Purchases
•More parents and students qualifying for a tax credit to pay for
college expenses
•Part of Unemployment Benefits received may be tax free
•For small businesses, Net Operating Loss Carryback can offset losses
by getting refunds on taxes paid up to five years ago instead of the
usual two years
•Alternative Minimum Tax (AMT) changes
•Increases in the energy tax credit for homes and businesses making
energy efficient improvements
•The first time home buyers tax credit
•Expansion of Child Tax Credit. More taxpayers will qualify for the
Child Tax Credit& Earned Income Tax Credit in 2009 due to revisions
in the phase out and qualifying income limits
•Q&A to allow asking some individualized questions

Zachary Sahar, CPA, with the firm of Capital Tax & Accounting (www.capitaltaxaccounting.com)