Frequently Asked Questions About the Tax Provisions in the Economic Stimulus Bill

The AICPA has released a very useful document with frequently asked questions about the American Recovery and Reinvestment Tax Act of 2009 which was signed into law on February 17, 2009.  You can find the document here.

Filed under: Tax, Tax Legislation

California Refunds Continue to be Delayed

Despite the budget enacted last week, the California State Controller announced on Thursday, February 19, 2009, that refunds will continue to be delayed.  Following is a quote from the California Franchise Tax Board Website:

“The State Controller announced on Thursday, February 19, 2009, that once the budget plan provides the needed cash in the treasury, his office will work around the clock to get delayed payments out the door. Check this website for updated information on the status of the delayed tax refunds.”

Filed under: California, Tax