Washington decision makers just acted on two important developments:
1. In an effort to encourage Americans to give generously to help victims of the massive earthquake in Haiti, Congress passed a new law that enables people to deduct donations made before March 1, 2010 on their 2009 tax returns
2. The Supreme Court handed down a decision that allows corporations and labor unions to play a greater role in political campaigns.
Inside, we'll tell you about these actions and what they could mean for you.
Copyright © 2010
Full Article 
Save Article
Email Firm
Get Trade Pubs
Full Newsletter 
Here are eight tips on how to structure your company's 401(k) plan so you can defer the maximum amount of compensation and avoid problems with government regulators. There are deadlines to meet and various federal regulations to comply with.
Uncle Sam sometimes surprises us with generous tax breaks. Here's an example: If you meet the requirements, you can collect tax-free profit from the sale of land adjacent to your principal residence. Of course, there are restrictions. Read on to find out if you can take advantage of this tax break.