Commerce Secretary Locke promotes Recovery tax credits during Minneapolis visit
With Tax Day, April 15, approaching, U.S. Commerce Secretary Gary Locke will be in Minneapolis March 23 to raise awareness of the new tax credits available to American families as a result of the American Recovery and Reinvestment Act. Locke will be joined by Mayor R.T. Rybak and Minnesotans who have taken advantage of several of the new tax credits.
The White House has also unveiled a helpful tool to guide American taxpayers through the new tax benefits and help determine if they are eligible for savings. The Tax Savings Tool can be found here: http://www.whitehouse.gov/recovery/tax-saving-tool.
While the IRS recently reported that the average tax refund has increased nearly 10 percent in 2009, families are too often not fully aware of all tax code changes and miss out on taking advantage of them. With more than a dozen new tax benefits available to taxpayers and businesses, it is important that all American families know about them in order to achieve as much personal tax savings as possible.
Published Mar. 22, 2010