Tax Information

IRS Information

Mileage rates for business travel, medical trips and services to nonprofit organizations for 2009:

http://www.irs.gov/newsroom/article/0,,id=200505,00.html

Mileage rates for business travel, medical trips and service to nonprofit organizations went down effective January 1, 2010.  See the new rates at:

https://mail.google.com/a/lcls.org/#search/From%3A+Internal+Revenue+Service/125562173ed81536

Individual and Families

For Spanish speaking library patrons, the IRS is joining national TV network Telemundo in a special one-hour tax program for Spanish-speaking taxpayers on Sunday, Jan. 24:

https://mail.google.com/a/lcls.org/#inbox/12648153c6e5241a

The new homebuyer’s credit begins with the 2009 tax returns and requires that tax returns be filed on paper, not electronically.  This website provides more information such as the requirements and includes the ability to download the required form 5405 and the instructions:

https://mail.google.com/a/lcls.org/#search/From%3A+Internal+Revenue+Service/12633765254daaf1

For tax filers comfortable preparing and filing their own tax returns? Information is provided to file 2009 tax forms electronically at no cost.  Free File comes in two formats: Traditional Free File, which is available to taxpayers who meet specific criteria and Free File Fillable Forms, which is available to almost all taxpayers. Go to this website to get all the information needed.  Information is also provided for tax filers who need help filing tax forms and want to get some assistance and are willing to pay.  According to the IRS,  refunds are returned faster and electronic filing can be done, even if payments for taxes will occur later:

http://www.irs.gov/efile/article/0,,id=118986,00.html

Tax tips about filing status:

http://www.irs.gov/newsroom/article/0,,id=105969,00.html

Tax tips about dependants and exemptions:

http://www.irs.gov/newsroom/article/0,,id=202335,00.html

Tax tips for taxpayers with tots and teens:

http://www.irs.gov/newsroom/article/0,,id=218184,00.html

Tax tips for recently married or divorced taxpayers:

http://www.irs.gov/newsroom/article/0,,id=105969,00.html

Tips to get tax information in Spanish (some in videos):

http://www.irs.gov/newsroom/article/0,,id=105121,00.html

Tax tip for individuals who were on unemployment during 2009.  The first $2,400 of Unemployment Benefits may be Tax Free:

http://www.irs.gov/newsroom/article/0,,id=205633,00.html

Tax information for members of the U.S. Armed Forces and their families:

http://www.irs.gov/newsroom/article/0,,id=97273,00.html

Understanding what can be considered a charitable contribution is explained using this link:

http://www.irs.gov/newsroom/article/0,,id=106990,00.html

Tax tips for tax payers who purchased new vehicles in 2009:

http://www.irs.gov/newsroom/article/0,,id=217256,00.html

Tips for tax credit for low-speed or two- or three-wheel electric vehicles, such as motor scooters.

http://www.irs.gov/newsroom/article/0,,id=207051,00.html

Tax tip on deducting Credit and Debit Card Fees Related to Tax Payment:

http://www.irs.gov/newsroom/article/0,,id=206235,00.html

Watch a series of videos on how to complete the Federal Form 990:

http://www.irs.gov/charities/article/0,,id=210358,00.html

General resources and tools for completing the IRS 990 and 990N forms.  Information includes who needs to file, where to get the forms, and how to complete them:

http://www.irs.gov/charities/article/0,,id=214269,00.html