Businesses and individuals can make cash contributions to selected not for profit organizations and public health care establishments under the Kansas Community Service Program.  Organizations are awarded permission from the Kansas Department of Commerce to distribute an approved dollar amount in tax credits to contributors of their programs.

The American Recovery and Reinvestment Act abbreviated ARRA is an economic stimulus package that was passed in February of 2009. The ARRA was proposed to stimulate the economy during the economic downturn. The act includes, among many items, benefits for domestic spending on education. The ARRA offers an adjustment to the Hope Credit and will now be called the American Opportunity Credit. Also the package presents a change to the 529 plan for tax-free college savings plans and prepaid tuition programs.

The Office of Foreign Asset Control (OFAC) requested the development of a new Standard Entry Class code for ACH (Automatic Clearing House) transactions to identify international transactions.  Prior to September 18, 2009 international ACH transactions looked like a domestic ACH transactions.  As of September 18th the code IAT (International ACH Transaction) is required to be used by financial institutions when funds are transmitted beyond the territorial jurisdiction of the United States.

On November 6th, President Obama signed the “Worker, Homeownership, and Business Assistance Act of 2009” into law. This new Act created some changes to the First-Time Homebuyer Credit that could be very beneficial to several taxpayers.