Watermark Group News http://www.thewatermarkgrp.com/blog Just another WordPress weblog Thu, 26 May 2011 13:20:53 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 thewatermarkgrp/yymfhttp://feedburner.google.com Income Tax: Private School Deduction Enacted, Scholarship Credit Increased http://www.thewatermarkgrp.com/blog/?p=182 http://www.thewatermarkgrp.com/blog/?p=182#comments Thu, 26 May 2011 13:20:53 +0000 admin http://www.thewatermarkgrp.com/blog/?p=182 Indiana Gov. Mitch Daniels has signed legislation that (1) establishes a personal income tax deduction for a parent who sends a child to a private school or home-schools the child, and (2) expands the school scholarship credit against personal and corporate income taxes.  The new deduction is equal to $1,000 per dependent child for whom “unreimbursed education expenditures” are made. 

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]]> http://www.thewatermarkgrp.com/blog/?feed=rss2&p=182 Federal Tax Day - Current, C.1 Senate Approves Repeal of Expanded Form 1099 Reporting Requirements, (Feb. 3, 2011) http://www.thewatermarkgrp.com/blog/?p=176 http://www.thewatermarkgrp.com/blog/?p=176#comments Fri, 04 Feb 2011 21:01:43 +0000 admin http://www.thewatermarkgrp.com/blog/?p=176 The Senate, on February 2, approved by an 81-to-17 margin, an amendment to the FAA reauthorization bill (Sen 223) currently under debate in the Senate that would repeal new IRS Form 1099 reporting requirements for business.

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