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Archive for 10. February 2011
Not all Bush Tax Cuts extended…..
10. February 2011 by admin.
You heard Bush tax cuts were extended BUT did you know………
it excluded more than 70 temporary programs from the bill, including federal subsidies for state and local borrowing (Build America Bonds), a sales tax deduction for new cars and trucks (although you can deduct sales tax paid in 2010 for a 2009 purchase), a property tax deduction for people who don’t itemize on their tax returns and an exemption from taxes for the first $2,400 of unemployment benefits. They all expired, not renewed, etc…….
Posted in LLC's, Income Tax, General | 1 Comment »
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