Tax Pro Plus
2999 Overland Ave.
Suite 204
Los Angeles, CA 90064
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Ph: (310) 827-4829
Fax: (310) 842-7160
info@taxproplus-la.com
- Tax Due Date Rapidly Approaching!
- Just a reminder that the due date for 2010 tax returns is April 18, 2011! Normally the deadline is April 15, but when a due date falls on a weekend or holiday, the due date is extended until the next business day.
- Reduced SS Withholding Rate for 2011 Only
- If you noticed an increase in your take-home pay this year, it is probably the result of a reduction in Social Security withholding. But don't get too accustomed to it; the reduced Social Security withholding is only temporary.
- Are Your Social Security Benefits Taxable?
- How much, if any, of your Social Security benefits are taxable depends on your total income and marital status. Generally, if your only income for the year is Social Security benefits, it is not taxable.
- Is a Qualified Tuition Plan for You?
- Qualified Tuition Plans offer a unique opportunity for families to save in a tax-advantaged way for their children's college education.
- High-Income Taxpayers Can Expect Phase-Outs Restored
- After several years of having their personal exemption deductions and a portion of their itemized deductions phased out, beginning for 2010 and through 2012, high-income taxpayers have regained full benefit of those deductions.
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