The next new year (ie 2011) will bring about a few tax changes that are the result of the expiring of the "Bush Tax Cuts". There's reason to believe that at least some of these tax cuts will extended, but for now you'd be wise to plan the remainder of the year as if they will expire at the end of the year. SmartMoney Magazine ran an article that should be required reading for all taxpayers (those of us who actually pay taxes).
See how the expiring Bush tax cuts will affect you....Here.
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