Tax Law Changes For 2009, 2010

Posted by in General Interest on Jul 6th, 2010

There are 21 main categories of new tax law changes on the IRS web site and when you click on each heading a new page opens with, yes you guessed correctly, many sub headings.

This is exactly why I advise taxpayers to use online tax preparation software for filing their income tax returns.

Exemption Amounts Increased and Some Tax Credits Decreased

Well, there you have it in a nutshell. Some things went up and some things went down. I know thats not the type of information you were looking for. Who can keep up with all of the tax law changes? I will give you some of the headlines and then, you can go explore for further information pertaining to your particular area of interest.

Just the Tip of the Iceberg for Tax Law Changes

  • There are several changes affecting Alternative Minimum Tax.

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