TAX REBATES

The Economic Stimulus Act of 2008 was signed by the President on Feb 13, 2008. Eligible individuals will receive an amount equal to the lesser of their net income tax liability or $600 ($1200 if married filing jointly). Additional rebates of $300 will be paid for each child of an eligible taxpayer.

Taxpayers must file a 2007 income tax return to be eligible for the rebate.