Category Archives: Tax

Tax news briefs

One Year Payroll Tax Reduction

The biggest new tax break for individuals in the recently enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” is the one-year payroll tax reduction.  Under this new provision the payroll tax will be cut by two … Continue reading

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Tax Deal Details

Note: The following was passed by congress and signed by the President in December. Income Tax -All the Bush tax cuts remain at all levels for two years. Including: -The child credit -Adoption credit -Dependent care credit -Education credits -Child … Continue reading

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