Feeds:
Posts
Comments

Posts Tagged ‘Obama tax plan’

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 [...]

Read Full Post »

Obama signed the American Recovery and Reinvestment Act of 2009 into law on February 17th, 2009 and gave us a ton of tax law changes right in the middle of tax season.  As you can imagine, there is nothing we as CPAs like better than learning new tax laws as we are working 60 hour [...]

Read Full Post »

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 [...]

Read Full Post »