Posts Tagged ‘Tax Cuts’
Friday, April 3rd, 2009
The Senate is expected to approve a 2010 budget that includes $825 billion in tax relief over the next five years.
The budget resolution offers tax help targeted largely to the middle class and would extend the 2001 and 2003 middle-class tax cuts enacted in the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 over the five-year span of
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Tags: alternative minimum tax, Michael Rozbruch, Tax Cuts, tax expert, tax help, tax problems, tax relief, tax relief reconciliation act, tax resolution, tax resolution expert, tax resolution services, Tax Tips
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Monday, March 2nd, 2009
The American Recovery and Reinvestment Act includes approximately $300 billion of net tax cuts. The new stimulus act includes tax provisions that may impact you and your small business. You will want to familiarize yourself with the plan’s new tax relief provisions.
Several key tax provisions include:
New 5-year net operating loss (NOL) carryback rule.
Deferral of certain income from the discharge of indebtedness
Extension of the existing bonus depreciation rules, which allows businesses
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Tags: economic stimulus, economic stimulus plan, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, recovery and reinvestment tax act, small business taxes, stimulus plan, tax attorney, tax breaks, Tax Cuts, tax debt, tax expert, tax help, tax relief, tax relief provisions, tax resolution, tax resolution expert, tax resolution services, Tax Tips
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Thursday, February 26th, 2009
The federal economic-stimulus packaged includes tax provisions focused on cutting marginal tax rates and expanding tax incentives. While the new tax agenda increases taxes on upper-income Americans, it also includes plenty of tax cuts.
To fund deficit-reduction and other federal projects, the new stimulus law would increase a range of taxes – which falls in line with President Obama’s pledge to cut taxes for the middle class while allowing tax cuts
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Tags: economic stimuls, federal tax plan, Michael Rozbruch, tax breaks, tax burdens, Tax Cuts, tax expert, tax incentives, tax news, tax provisions, tax reductions, tax resolution, tax resolution expert, tax resolution services, Tax Tips
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Sunday, October 12th, 2008
Here is another excerpt from my recent appearance on KKLA’s the Frank Pastore Show, focusing on how the candidate’s economic proposals will affect you:
Frank Pastore: We keep hearing the fact that Obama is going to raise the taxes on people who make $250K or more a year, He is pounding that.
Michael Rozbruch: If he does that he is going to handcuff the economy, he is going to trap more
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Tags: Barack Obama, Frank Pastore, John McCain, KKLA, Michael Rozbruch, Tax Cuts, tax relief
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