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Features Business & Finance

The Child Tax Credit is available to eligible taxpayers with qualifying children under age 17. The IRS would like you to know these eleven facts about the child tax credit.

1. Amount- With the Child Tax Credit, you may be able to reduce your federal income tax by up to $1,000 for each qualifying child under age 17.

View the other 10 facts after the jump!

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The Residential Energy Efficient Property Credit has been corrected to replace an erroneous reference that geothermal heat pumps qualify only when installed on or in connection with a taxpayer’s main home located in the United States. The error was in limiting the credit to the taxpayer’s main home. Qualified geothermal heat pumps that are installed on or in a taxpayer’s home (including a taxpayer’s second home) located in the United States may qualify for the credit. Only qualified fuel cell property is subject to the main home installation requirement under the Residential Energy Efficient Property Credit rules.

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The Macon County Economic Development Commission has announced details of the upcoming BizWeek 2012 to be held April 9 to 12. BizWeek is a celebration of business, industry and entrepreneurship in Macon County.

“The Macon County EDC and our partners have several events planned during this celebration,” said Tommy Jenkins, Director of the Macon County EDC. “Each event is designed to show our appreciation for all our businesses, both large and small, that are part of the fabric of Macon County’s economic community.”

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Commercial real estate owners with property to lease in Macon County now have a new outlet to list their properties. The recently revamped website for the Macon County Economic Development Commission features a new section that will list these properties online.

“We are pleased to offer this new service for commercial property owners within Macon County,” said Tommy Jenkins, Economic Development Director. “This will offer yet another resource for those looking to open a new business in the area.”

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published: 10/18/2013
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