I know times have been tough for many of you and here are a few things that you might want to know.
If you were involuntarily terminated between September 1, 2008 and December 31, 2009, the government will pay 65% of your Cobra premiums for you and your family for a maximum of nine (9) months. This is NOT taxable to you and is available for families making less than $250,000 or single people with income less than $125,000.
In that same vein, if you became unemployed in 2009, weekly unemployment benefits have been increased b y $25 and the period for collecting has been extended in high unemployment states. You will need to check with your state’s unemployment office to see if your state qualifies.

 
This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.