|
Charitable
Donations of Devalued Real Estate
Some taxpayers
have seen the value of their investment real
estate decline precipitously during the recent
economic downturn. In response, they may have
abandoned the idea of making money on their
investment and are looking for a way out.
|
Golf Carts and
the Plug-in Electric Drive Motor
Vehicle Credit
There has been great deal of
confusion lately concerning
which vehicles actually qualify
for the Plug-in Electric Drive
Motor Vehicle Credit. The
confusion seems to center mainly
around whether golf carts
qualify.
|
Increased
Producer
Deduction for
2010
The Domestic
Production
Activities
Deduction, also
known as the
Section 199
deduction or
"Producer
Deduction,"
was initially 3%
of qualified
production
activities
income, jumped
to 6% in 2007,
but has
increased again. |
|
|
|
|
|
