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Friday, October 21, 2011

Inflation Adjustments Trigger Bigger Tax Benefits


WASHINGTON, D.C. (OCTOBER 20, 2011)

BY MICHAEL COHN, ACCOUNTING TODAY
The Internal Revenue Service said Thursday that many tax benefits for tax year 2012 will increase due to inflation adjustments, including personal exemptions and standard deductions, with tax brackets also widening next year.


http://www.accountingtoday.com/news/Inflation-Adjustments-Trigger-Bigger-Tax-Benefits-60529-1.html?ET=webcpa:e1878:85046a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_102111

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