President George W. Bush last month signed the Working
Families Tax Relief Act of 2004. The legislation extends a number of
tax provisions affecting individuals and businesses, such as marriage
penalty relief and the research and development credit that expired
June 30, 2004. Additional information is available at
http://waysandmeans.house.gov/Links.asp?section=343 .
SPONSORED REPORT
The technology assessment engagementAre you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.
FEATURE
Maximizing the higher education tax creditsA counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.