If you're a veteran taxpayer, you know that even small changes in tax law can affect your taxes in a big way. Congress has a well-established track record of adding amendments and restrictions to our tax laws - we'll let you know whether the latest tax changes may affect you.
The two most recent large-scale tax law changes are encompassed in the Victims of Terrorism Tax Relief Act and the 2001 Tax Cut. We've set up separate subsites to explain these plans in detail:
Confused about how the rebate check issued last fall by the IRS will affect your 2001 tax return? Get the facts about the Rate Reduction Credit here.
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