Showing posts with label exemptions. Show all posts
Showing posts with label exemptions. Show all posts

Monday, March 16, 2009

Tax Season 2009: Be prepared this tax season with 7 important tax changes for the 2008 tax year.

Tax season is here, and it's time to get prepared. Make sure you're up to date on these 7 important tax changes for the 2008 tax year.

Which tax code changes will affect you this year?

Want to reduce your tax bill or maximize your refund? Of course you do.

Here are some tools and information you need to get things done quickly and save as much money as possible.

Click HERE for 7 Important Tax Changes for 2008 and find out how to reduce your tax bill or maximize your return.

You will see additional details including:
- Tax Calendar (important dates to know)
- Capital Gains and Losses
- Itemizing Your Deductions

2008 Inflation Adjustments Widen Tax Brackets

For 2008, personal exemptions and standard deductions will rise, tax brackets will widen and workers will be able to save more for retirement, thanks to inflation adjustments announced today by the Internal Revenue Service.

By law, the dollar amounts for a variety of tax provisions must be revised each year to keep pace with inflation. As a result, more than three dozen tax benefits, affecting virtually every taxpayer, are being adjusted for 2008. Key changes affecting 2008 returns, filed by most taxpayers in early 2009, include the following:

Follow THIS LINK to read more...

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