Search results
Results from the WOW.Com Content Network
The act extends such relief for three years, applying to debts discharged in calendar years 2007 through 2009. With the Emergency Economic Stabilization Act of 2008, this tax relief was extended another three years, covering debts discharged through calendar year 2012. The relief was further extended until January 1, 2014, at Section 202 of the ...
P.L. 109-432 Enacted 12/20/06 Tax Relief and Health Care Act of 2006; P.L. 109-433 Enacted 12/20/06; P.L. 110-28 Enacted 05/25/07 U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007; Small Business and Work Opportunity Tax Act of 2007; P.L. 110-92 Enacted 09/29/07
Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010; American Taxpayer Relief Act of 2012 (partial extension) While each act has its own legislative history and effect on the tax code, the JGTRRA amplified and accelerated aspects of the EGTRRA.
Key takeaways. From due date extensions to settlements, the IRS offers several tax debt relief options that can make your bill more manageable. Exploring income-increasing opportunities, borrowing ...
The maximum estate tax, gift tax, and generation-skipping tax rate, which was 55% in 2001 (with an additional 5% for estates over $10,000,000 in order to eliminate the benefit of the lower estate tax brackets) was reduced to 50% in 2002, with an additional 1% reduction each year until 2007, when the top estate tax rate became 45%.
December 20, 2007 --- Mortgage Forgiveness Debt Relief Act of 2007, Pub.L. 110-142 December 31, 2007 --- OPEN Government Act of 2007 , Pub.L. 110-175 January 28, 2008 --- National Defense Authorization Act for Fiscal Year 2008 , Pub.L. 110-181
The Tax Cuts and Jobs Act of 2017 trimmed tax rates and significantly boosted the standard deduction, thus greatly reducing the number of taxpayers eligible to benefit from charitable deductions.
The economic policy and legacy of the George W. Bush administration was characterized by significant income tax cuts in 2001 and 2003, the implementation of Medicare Part D in 2003, increased military spending for two wars, a housing bubble that contributed to the subprime mortgage crisis of 2007–2008, and the Great Recession that followed.