2011 Federal Tax Deductions
Everyone is looking for deductions for their 2011 federal tax situation. We’ve all heard of the mortgage deduction, the medical deduction, and even deductions for owning an electric car–but are those all the deductions you can find? It’s important to know all the deductions, so you can maximize your own personal benefits this tax season. There are many “unique” deductions that are perfectly legitimate that most individuals probably are not even aware exist. These deductions have been used in the past and are still on the books. Perhaps they might even help you this tax season. … Read more at 2011 Tax.
Rick Santorum 2012 taxes and tax plan offers big savings for the wealthy and large corporations, while increasing the deficit. His plan substantially cuts taxes, but the raise in the deficit counteracts any short term benefit to the American people.
The Santorum tax cuts would give the upper one percent the biggest tax cuts. Individuals who make between three-million to eight-million dollars would receive an average tax break of around one million dollars by 2015. The middle class who makes around fifty to seventy-thousand would receive around two-thousand dollars. The lower class making around twenty-thousand would get about thirty-nine dollars.… Read more at 2011 Tax.
Once you get over the initial surprise of having been included in a will and you are now thinking of what to do with what has been bequeathed to you, there is bound to be a lot of confusion with so many ideas going through your head as well as others that will be coming from family and friends. It is important to give serious thought to your inheritance planning. Inheritance like all other privileges comes with its fair share of responsibility and you need to make the best of it. Here are a few tips that will help … Read more at 2011 Tax.