The maximum Hope education credit is increased to $2,500. The increased credit has been renamed the American opportunity credit and part of it is refundable.

You do not have to pay tax on unemployment compensation up to $2,400 per person for the year.

Reduce stress, clean out your closet, and donate unused items. Keep your receipts for an important tax deduction.

If you have earned income from work, you may be able to take the Making work pay credit. It is 6.2% of your earned income, limited to $400 ($800 if married filing jointly).

The earned income credit has increased for people with three or more children and for some married couples filing jointly.

2010 Tax classes coming soon!!

You can now roll over distributions from an eligible retirement plan to a Roth IRA.

The first-time home-buyer credit extended and expanded. The credit increased to as much as $8,000. This takes 16 weeks to process, so start now.