As Seen on KATU AM Northwest
Click here to see AM Northwest coverage of Tax Breaks 2010
Earned Income Credit
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Tax Breaks for Children
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Making Work Pay Credit
And the first $2,400 of unemployment benefits is exempt from federal income. |
Tax Breaks for Home Buyers
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Tax Breaks for Students
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Tax Breaks for Business
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Hybrid & Diesel Cars
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Home Improvements
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The Earned Income Credit gives cash assistance to low income individuals and families with children.
Oregon and the IRS offer numerous tax benefits to families with children. 
The 2009 Economic Stimulus Plan offers a tax credit of up to $400 for a single person and $800 for married couples.
Two new credits benefit home buyers. Credits are extended through April 30, 2010.
New tax credits give up to $2,500 for educational expenses.
Tax breaks for small business owners and employees who pay certain work-related business expenses.
Did you purchase a new hybrid or lean burn diesel car in 2009? If so, the IRS and the State of Oregon offer tax credits which can save you money.
The tax credit for energy efficiency is available for improvements made to a home that you own and use as your "principal residence."