5 old tax laws, new amounts

[carol b]

Bankrate.com
5 old tax laws, new amounts
Wednesday January 30, 6:00 am ET
Kay Bell
Every year, some new tax laws make it onto the books. There are also some tax standbys that filers are accustomed to seeing. These provisions remain the same, but are adjusted annually to reflect inflation.

Old laws, new amounts

These five tax perennials get new numbers every year based on the rate of inflation. While the 2007 adjustments aren't that great in some cases, when it comes to taxes, every dollar counts.

1. Standard deduction amounts
2. Personal exemptions
3. Social Security wage base
4. Earned income tax credit, or EITC
5. Car costs

read more here:http://biz.yahoo.com/brn/080130/2436....v=1&.pf=taxes

[kst$]

Your right when it comes to taxes every deduction you have can make a difference on the $ amount you get back or may have to pay. Claim everthing you are intitled to..