As promised, below are some highlights of the individual tax changes from the Recovery and Reinvestment Act. If you want to read the CCH Summary, here is the pdf:
CCH Summary
1) First-Time Homebuyer Credit – the new law increases the existing credit to a maximum of $8,000, but best of all it no longer needs to [...]
Posts Tagged ‘Obama tax plan’
American Recovery and Reinvestment Act of 2009, Part 2
Posted in Individual Tax, Tax Acts and New Tax Laws, tagged American Recovery and Reinvestment Act of 2009, First-time home buyer credit, Individual Tax Credits, making work pay credit, Obama tax plan on March 2, 2009 | Leave a Comment »
McCain vs. Obama Tax Plan Calculator
Posted in Individual Tax, Tax Planning, tagged 2008 presidential election, bailout, McCain tax plan, Obama tax plan, tax calculator on September 26, 2008 | Leave a Comment »
I know this “McCain vs. Obama Tax Calculator” is already all over the news today, but I found it to be an interesting tool to visually see the differences in the current tax plans. Obviously, there are a lot of assumptions going into this, but at least it gives you a general idea.
Next they need [...]


