"dapperdobbs" <GeorgeCFL[at]hotmail.com> wrote
- quote -


2010? We're still wondering what's next in 2009.




- quote -



Conventional wisdom would say that taxes are going up in the future.
Whether that's through increases in the tax brackets, eliminating tax
preferred items of income (like qualified dividends, LT cap gains, etc),
lowering of phase-out's on deductions, eliminating selected deductions
entirely, increasing the cap on wages subject to SS tax, or all of the above
and more.

All we have to go on is what comes out of DC. So till it happens, go with
what you know.





--
Paul Thomas, CPA
Watkinsville, Georgia

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Wondered if anyone has a forming picture of tax structures in 2010?
Dividends and long gains at 20%? Mortgage deduction reduced? 250k or
208k tier? Payroll taxes lower or higher? AMT in or out? (A "Thank
you" in advance for your crystal ball :-)

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >