ADVISORY/New Tax Changes Mean More Savings for Individuals and Families; Find out How Much You May Save with the New 2003 Tax Relief Estimator at www.turbotax.com.Business Editors ADVISORY... --(BUSINESS WIRE) The new 2003 tax cuts may leave you wondering how much of the more than $350 billion from the new tax law will end up in your pocket. The tax experts at Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. , the makers of TurboTax(R), can help you estimate your savings with the new 2003 Tax Relief Estimator at www.turbotax.com. The new tax package includes provisions to lower income-tax rates, taxes on dividends and capital gains, and includes an increase in the tax credit for taxpayers with children under the age of 17 and provides tax relief for some married couples. "There's something here for just about everyone," said Fred Grant, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , Senior Tax Analyst for Intuit. The 2003 Tax Relief Estimator is a free personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. tool, which includes: -- Acceleration of the 2006 tax rate cuts to 2003 -- An increase in the child tax credit from $600 per child to $1,000 per child -- Reduced tax rates on capital gains and qualifying dividends qualifying dividends The dividends that meet Internal Revenue Service regulations for exclusion or partial exclusion from federal income taxation. For example, corporations are permitted to exclude a portion of all of the qualifying dividends received from -- Acceleration of tax relief for some married couples -- An increase in the alternative minimum tax (AMT See vPro. ) exemption by $9,000 for married couples filing joint returns and $4,500 for single taxpayers Visit our web site at www.turbotax.com PLEASE FEEL FREE TO PRINT ANY OF THE ABOVE INFORMATION FOR EDITORIAL PURPOSES To schedule an interview with a tax expert contact: Colleen col·leen n. An Irish girl. [Irish Gaelic cailín, diminutive of caile, girl, from Old Irish. Ferrin at 858/525-7487 or email at colleen_ferrin@intuit.com. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion