Welcome Guest. Register Now!  


CPA Forums CPA related topics.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 05-05-2011, 05:16 PM
Junior Member
 
Join Date: Feb 2010
Posts: 6
Looks like a change in the tax code is possible before end of year! Changes will affect Middleclass Taxpayers bigtime!

I have heard some talk about a change in the tax code that would eliminate a lot of the Schedule A Deductions such Mortgage deductions and Property Taxes. That would be unfortunate for a lot of property owners especially the middle-class taxpayers.

Have any tax professionals on this board heard about this??



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
1099-A received - How will this affect me? markopolo Income 1 02-04-2011 02:16 PM
How did the New Law affect the Energy Savings Tax Credit in 2011? TaxGuru Tax Credit 0 01-12-2011 10:03 PM
How Does Rental Income Affect AMT? mominthemiddle Rental Real-Estate 0 04-19-2009 05:10 PM
2008 Divorce and affect on itemized ded. active4948 Divorce Tax Issues 0 03-10-2009 11:16 AM
Change Distribution Code on 1099-R mvenneta Income 0 02-25-2009 10:07 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.