What's In The Stimulus Bill For You: Tax Breaks And Benefits

The Huffington Post News Team, Huffington Post: Business
Fri, 02/13/2009 - 6:41am

All the talk the last couple of days about the stimulus bill was about compromise and slimming down. What is left, though, is a huge spending bill, with well over $100 billion in tax breaks and handouts for individuals. And most of us will be able to use at least one of them, though it will be difficult to get much money immediately, unlike the stimulus checks that went out last year. What follows is a list of some of the biggest provisions in the bill that will hit you directly in the wallet.

Topics: senate house stimulus bill tax breaks

Place your ad here
Loading...

BING NEWS:

How parents, tipped workers, and EV drivers could see their taxes change in Trump's year of 'tax Super Bowl'
Trump's package of tax cuts and tweaks from 2017 is set to expire this year. Here's what that means for you.
01/4/2025 - 8:26 pm | View Link
When will $1,400 IRS stimulus checks go out, and who will get payments? What to know
Check your mail — you might be receiving a stimulus payment of up to $1,400, according to the Internal Revenue Service.
12/30/2024 - 10:05 am | View Link
Are you eligible to get up to $1,400 from the IRS? Here’s how to find out
The Internal Revenue Service could have a holiday present for you — as much as a $1,400 special payment. About 1 million taxpayers around the country will find the money in their accounts or the mail ...
12/23/2024 - 9:04 am | View Link
Are you eligible to get up to $1,400 from the IRS? Here’s how to find out
thanks to a new finding regarding taxpayers who had not claimed a COVID-era tax credit. The payments will be made automatically. Taxpayers don’t have to do anything to claim the payment.
12/23/2024 - 3:04 am | View Link
5 Overlooked Tax Breaks That Could Save You Big
Use the annual gift tax exclusion. Each year, you can give a certain amount of property to a family member without incurring gift taxes. As of 2024, the annual gift tax exclusion is $18,000 per ...
12/23/2024 - 1:04 am | View Link
More

More Movie News

More Business News

Mark Zuckerberg says Meta's 'community notes' are inspired by Elon Musk's X. Here's how they work — and how they don't.
Business Insider, Wednesday - 01/08/2025 - 04:31 AM
Meta CEO Mark Zuckerberg said the company's platforms would prioritize speech and free expression. Getty ImagesMark Zuckerberg's plan to replace fact checkers with "community notes" is a familiar one. A similar system of community moderation is already in place on Elon Musk's X. On X, community notes let users add context to posts.
More | Talk | Read It Later | Share
The top strategist at $247 billion Lazard shares the 3 investment opportunities he's most bullish on in 2025 and beyond
Business Insider, Wednesday - 01/08/2025 - 04:30 AM
Clerks relay orders from traders on the trading floor behind them during a frenzy of activity in the Chicago Mercantile Exchange May 15, 2001. REUTERSUS stock valuations are high, but Lazard's Ron Temple is bullish on future returns. Temple cites US innovation and economic strength as key factors for a positive stock outlook.
More | Talk | Read It Later | Share
Advertisers say Meta's content-moderation changes make them uneasy. They won't stop spending.
Business Insider, Wednesday - 01/08/2025 - 04:25 AM
Meta execs Joel Kaplan and Mark Zuckerberg have outlined a new, looser approach to content moderation. Getty ImagesSome advertisers are expressing concerns about Meta's commitment to brand safety. Meta this week unveiled a new approach to content moderation, removing third-party fact-checkers. Many ad industry insiders doubt it'll lead to major spending shifts, however.
More | Talk | Read It Later | Share
What is OneDrive? How to get started with Microsoft's cloud storage service and backup, sync, share, or delete files
Business Insider, Wednesday - 01/08/2025 - 04:10 AM
Microsoft OneDrive lets you backup files, photos, videos, and music. Thomas Trutschel/Photothek via Getty ImagesMicrosoft OneDrive is a cloud storage service that lets you backup, sync, or share your files. Microsoft OneDrive comes with a Microsoft 365 subscription, but there is also a free version. You can use OneDrive on devices like computers, laptops, tablets, phones, and even Xboxes.
More | Talk | Read It Later | Share
The hidden middlemen who cost homebuyers $12 billion — and counting
Business Insider, Wednesday - 01/08/2025 - 04:07 AM
Getty Images; Alyssa Powell/BIThe path to homeownership is lined with middlemen. Real-estate agents, mortgage brokers, attorneys — all help push a deal through and then claim a fee when the ink dries. Most buyers are aware of these parties, but one group mostly flies under the radar. Their fees are often hidden, lumped in with other charges or buried in paperwork.
More | Talk | Read It Later | Share
Mark Zuckerberg unveils his latest persona: Elon Musk
Business Insider, Wednesday - 01/08/2025 - 04:01 AM
Toby Melville/Pool Photo via AP; BRENDAN SMIALOWSKI/AFP via Getty Images; Chelsea Jia Feng/BIWhile Mark Zuckerberg and Elon Musk never did face off in that cage match, "Uncle Elon" has bested Zuck in the political arena, becoming one of the most powerful unelected figures in modern US history. Now, in hopes of forging a friendlier relationship with the Trump administration a second time around, Zuckerberg seems to be following a new mantra: If you can't beat Elon, be him.
More | Talk | Read It Later | Share

What's In The Stimulus Bill For You: Tax Breaks And Benefits

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News