Monthly Archives: December 2010
Annual adjustments for several key credits, exemptions and deductions have been released for the upcoming 2011 tax filing season. Full details are available on the IRS website (IRS.gov).
Annual IRS adjustments to several credits for the coming tax filing season will push amounts slightly higher this year. For low- and moderate-income families, many will see small increases of approximately 1.5 percent in their maximum EITC claims. Read the rest of this entry