Accounting News

Thursday, April 14, 2011
Obama Proposes Tax Changes

Obama unveiled his debt reduction plan. It includes changes to the tax system. They include a reduction in the number of deductions and allowing the Bush era tax cuts to expire in 2012 for individuals earning over $250,000. The White House said the new tax code would be "simpler, fairer and not rigged in favor of those who can afford lawyers and accountants to game it."

If you still haven't filed your 2010 taxes you can still get an accountant today.