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downeycocpa
Member Since: 16th February 2010
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Taxes

Expiring

12th October 2010
There were two major tax cutting bills that were enacted during President Bush's administration. They were the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA). The...
Taxes

Tax Changes in the 2011 Budget Proposal

18th February 2010
If you check out the White House's budget webpage, you may be a bit confused. In large letters it states "A new era of responsibility - the 2011 budget." However, the subsequent budget calls for $1.6 trillion in deficit spending next year. It certainly ...