Important Tax Changes for 2011

It seems that just when you think you understand all of the tax laws on the books, things change making it necessary to start the learning process all over again. It is important to understand and note changes in tax laws as these changes can have a significant impact on what you receive in a refund or owe as a tax liability. Understanding how tax laws affect you can potentially save (or cost) you hundreds if not thousands of dollars. Many of the tax cuts that were enacted by President Bush in 2001 and 2003 are due to expire, resulting in significant changes in the next year. Here we look at changes coming up in 2011 that may affect your personal finances in a major way. Click on link above

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