DAVID SCOTT - CONGRESSMAN, REPRESENTING GEORGIA'S 13TH DISTRICT

Taxes
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  • Tax Credits for Businesses that Hire Unemployed Workers
    Posted in Blog on July 13, 2010 | Preview rr
    Tags: Taxes, Small Business, Labor & Employment

    This year, businesses hired nearly 4.5million new workers who were eligible for HIRE Act tax exemptions. The HIRE Act exempts Social Security payroll taxes for businesses that hire workers who have been unemployed for 60 days or longer. In addition, the HIRE Act allows employers to claim a tax credit of up to $1,000 for each newly hired qualifying worker who is retained for one year. For more information about how to use HIRE Act tax breaks visit the IRS website at this link: http://www.irs.gov/... Read more

  • Congressman Scott Votes to Improve Government Efficiency
    Posted in Press Release on June 16, 2010 | Preview rr
    Tags: Taxes, Ethics & Lobbying Reform

    Congressman Scott voted this week for the Efficiency, Effectiveness, and Performance Improvement Act of 2010. This measure will help Congress conduct more effective oversight, make better-informed authorization and appropriation decisions, identify and eliminate duplicative programs, and help improve the performance of federal programs. “The American taxpayer deserves a government that is transparent, efficient and accountable,” Congressman Scott said. “I cosponsored this important bill to provi... Read more

  • Home Buyer's Tax Credit for Overseas Military
    Posted in Blog on May 3, 2010 | Preview rr
    Tags: Taxes, Defense, Veterans

    The hombuyer's tax credit expired on April 30 for most purchasers. However, members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. An eligible taxpayer must enter into a binding contract to buy a principal residence by April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Members of the uniformed servic... Read more

  • Georgia Small Businesses to be Notified of Health Reform Tax Cuts
    Posted in Press Release on April 19, 2010 | Preview rr
    Tags: Healthcare, Taxes, Labor & Employment

    WASHINGTON, DC -- Georgia small businesses will receive a bit of good news in their mailboxes. Companies eligible for new health reform tax credits will be getting a postcard explaining the credits and encouraging them to take advantage of the tax cut. “This is the biggest health care tax cut in history,” Congressman Scott said. “Georgia small businesses should to know how to start taking advantage of it immediately.” The tax credits are available now. The tax credit is available to small busine... Read more

  • 2.5 million jobs created
    Posted in Blog on April 15, 2010 | Preview rr
    Tags: Taxes, Labor & Employment

    The Council of Economic Advisors released a report that found that the Recovery Act was responsible for about 2.5 million jobs through March 2010. Half of those jobs are as a result of over $200 billion in Recovery Act tax relief and financial assistance that has gone directly to mostly lower and middle-income families. Since the Recovery Act began a little over a year ago, the economy has posted its largest quarterly GDP growth in six years and largest monthly job gains in three years. Accordin... Read more

  • Tax cuts in 2009
    Posted in Blog on April 13, 2010 | Preview rr
    Tags: Taxes

    A recent report shows that an estimated 98 percent of working families received a tax cut in 2009. For more information, read the report at: http://ctj.org/pdf/truthaboutobamataxcuts.pdf Another report found that typical middle-income families received more tax benefits in 2009. http://content.thirdway.org/publications/279/Third_Way_Memo_-_Are_You_Better_Off_On_Tax_Day.pdf Read more

  • Congressman Scott Votes to Support Small Businesses
    Posted in Press Release on March 30, 2010 | Preview rr
    Tags: Taxes, Small Business

    On March 24, Congressman Scott voted for two bills that help small businesses: the Disaster Relief and Summer Jobs Act (H.R. 4899) and the Small Business and Infrastructure Jobs Tax Act of 2010 (H.R. 4849). Both measures passed the House. In addition to these two bills, Congressman Scott has also supported other measures to help small businesses: The HIRE Act (H.R. 2847), the American Recovery and Reinvestment Act (H.R. 1) and the Health Care & Education Affordability Reconciliation Act (H.R. 48... Read more

  • Free e-file for taxes
    Posted in Blog on March 2, 2010 | Preview rr
    Tags: Taxes

    If you made less than $57,000 in ADJUSTED Gross Income for 2009, then you will be able to e-file your tax forms for free. Others who file may be able to use other on-line services. For more information, check out the IRS website: http://www.irs.gov/efile/article/0,,id=118986,00.html Read more

  • Rep. Scott Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit
    Posted in Press Release on November 5, 2009 | Preview rr
    Tags: Taxes, Housing and Finance, Labor & Employment

    Today, Congressman David Scott voted to stimulate the local economy and provide stability to Georgia families hit hardest by the recession by extending unemployment benefits, the homebuyers' tax credit, and tax relief for military families. The Emergency Unemployment Compensation Extension Act will provide immediate assistance to millions of families. "This is another crucial step to provide immediate relief to struggling Georgians who have lost, or are on the verge of losing, their unemployment... Read more

  • Don’t Miss the October 15, 2008 Deadline to File for YOUR Economic Stimulus Payment!
    Posted in Frequently Requested Documents and Information on October 1, 2008 | Preview rr
    Tags: Taxes

    What is it? It's an economic stimulus payment that is not taxable and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return. Who is eligible? The majority of people who file a 2007 income tax return qualify, and many who don't regularly file a tax return may qualify as well. You're eligible if you have a valid Social Security number (SSN), can't be claimed as a dependent on a tax return and have either an income tax liability or "qualifying income... Read more