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Thursday, December 13, 2012

Taxes

News                                                                                                                             
Politico | Why tax hikes fall short for cliff talks
To accelerate private-sector growth, Republicans will need all their negotiating leverage to minimize taxes on investors by maximizing spending cuts. In a world where the majority of voters garner benefits from spending and see little cost to taxing investors, that’s never been easy. But the current circumstances make it much more precarious.
Politico | Tax relief could come in form of credit
Over the past few weeks, reports have surfaced that President Barack Obama is interested in providing middle-class families with additional tax cuts beyond just the preservation of the Bush-era tax rates. While that is welcome news, not all methods of delivering middle-class tax relief are created equal.

Blogs                                                                                                                             
FOX Business | How to Be Tax Smart When Donating This Season
It’s the holiday season and the time to share our bounty with those less fortunate. An added bonus to the joy of giving is the ability to deduct the contributions on our tax returns.