50/50 on Obamacare
Holding your breath on Obamacare. I am waiting to see what the Supreme Court ruling on Thursday before posting any tax updates this week. The law has several new taxes and other tax increases in it in addition to the mandate to purchase health. Will it stand in its entity or will it be struck down in its entity? Will parts of it still remain law? Only the Supreme Court Justices know the answer until Thursday. Right now, it is a guessing game. Flip a coin and the odds are either in your favor or not.
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Navigating The Tax Headline of the Week
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Tax TipsThe Additional Child Tax Credit is available on dependents under the age of 17.
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