Common questions answered on individual and business tax provisions of economic-stimulus package.

The AICPA has prepared a Q&A on individual and business tax-related provisions in the American Recovery and Reinvestment Act of 2009. CPAs, especially tax practitioners, will find the Q&A helpful in addressing client or employer inquiries. Among the subjects covered for individuals are the first-time home-buyer credit, college-funding tax credit, unemployment benefits, benefit for use of...

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