TK Tax Services

01/28/2015

Obama Drops Plan to Raise Taxes on ‘529’ College Savings Accounts

The Obama administration said it would drop a plan to tax so-called 529 college savings accounts, after the proposal sparked widespread criticism over its potential impact on the middle class. Read more here: http://www.wsj.com/articles/obama-drops-plan-to-raise-taxes-on-529-accounts-1422390991

The Obama administration said it would drop a controversial plan to raise taxes on so-called 529 college-savings accounts, after the proposal sparked widespread criticism over its potential impact on the middle class.

01/28/2015

Revenge of the Upper-Middle Class

The Obama administration surely didn't think it was penalizing its core middle-class constituency when it proposed, earlier this month, to raise taxes on college savings accounts known as 529s. After all, a majority of those accounts are held by people earning more than $150,000 a year, and the administration was proposing the change to pay for expanding a tuition tax credit for families making less than that. Read more here: http://www.theatlantic.com/politics/archive/2015/01/President-Obama-Scraps-Plan-to-Tax-529-College-Savings-Accounts/384903/

President Obama scrapped his plan to tax college saving accounts amid claims that it would hurt more than just the 1 percent.

01/28/2015

TRUTH ABOUT INCOME TAXES

Video: https://www.youtube.com/watch?v=3fbBSKEnuwo

INCOME TAXES: THE SCARY FUTURE AHEAD OF US - CLICK HERE FOR MORE INFO - http://www.PayLessTaxes2012.com People think the whole income tax debate is political...

12/09/2012

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