Business Services Industry
Congress poised to extend several popular tax breaks.(TAXES)
Kiplinger Letter, The, July, 2004
Congress is poised to extend several popular tax breaks.
Getting new life: Temporary hikes in the minimum tax exemptions, marriage penalty relief, child tax credit and the larger 10% tax bracket. All are set to expire at the end of the year. Congress hasn't decided how long the extensions will be, but one or two years is a good bet.
A vote is likely before the Democratic convention. Why so soon? Democrats have been insisting that lawmakers cut other budget programs to make up for revenue lost to the Treasury due to these tax breaks. Republicans, meanwhile, favor extending the tax cuts without offsets.
Democrats won't risk opposing popular middle-class tax breaks just before their convention, offsets or no offsets. So they'll go along with...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Research and Markets: Asia - Mobile Communication Tables of Statistics
- Reinsurance Rates Decline at January 1, 2010 Reinsurance Renewal, According to Annual Guy Carpenter Briefing
- Samsung Unveils the Next Generation of Camera – the NX10
- Harman Consumer America Implements Powerful New Retail Distribution Strategy
- MyShape® Premieres New Line of CJ by Cookie Johnson Jeans
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
