Some New Tax Laws

Are you starting to think about taxes? I know, not a pleasant thing to ponder, but tax time is here in 3 months.

Here are 10 new tax laws you should know. Below is the list, but see the article for more details. And consult your tax professional to find out if and how they impact YOU.

• Telephone tax credit


• Multiple direct deposit option


• Energy-saving home improvements


• Alternative fuel auto credit


• Tougher donation rules


• Older philanthropist rules


• Kiddie tax tightened


• Foreign income adjustments


• Rolling over retirement money


• Old deductions are new again

It might be useful to take a look - you could save some $$$.