Tax Law Blog | IRS Tax Attorneys

Tax changes are expected since the elect of President-elect Barack Obama and high-net-worth individuals are doing what they can to limit the damage to their bank accounts.

During his campaign, Obama said he would cut taxes for middle-class workers and that no one earning less than $250,000 would experience a tax increase. But he also said that “the wealthiest 2 percent” would pay more as the Bush-era tax cuts expire and rates return to their previous higher levels.
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Today is the day for the veterans. The people that fought and fight for all of our freedom. I am proud to be an American, but even more lucky because of all of you veterans. Thank you!

This post was inspired by the Tax Girl. Who actually wrote a great article here.

And remember it will be tax season before we know it. Keep everything in order!