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Standard Deduction

Tax Benefits Increase Slightly Due to Inflation

Tax Benefits Increase Slightly Due to Inflation

By Admin on January 3, 2011

Inflation adjustments related to 8 tax provisions that changed by Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 affecting 2011 returns.

Posted in Tax News | Tagged maximum earned income tax credit, Standard Deduction, Tax Relief, Unemployment Insurance | Leave a response

Top 5 Facts about Dependents and Exemptions

Top 5 Facts about Dependents and Exemptions

By Admin on January 7, 2010

When you prepare to file your tax return, there are two things that will factor into your tax situation: dependents and exemptions. Here are five important facts the IRS wants you to know about dependents and exemptions before you file your 2009 tax return.

Posted in Tax Tips | Tagged Dependents, Exemptions, Publication 501, Standard Deduction | Leave a response

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