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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Wednesday, December 13, 2006

CCH Report: Tax Relief And Health Care Act Of 2006

The Act extends a number of tax provisions that expired at the end of 2005 (such as the deduction for state and local sales taxes, the tuition deduction, the research credit, etc.) as well as some new provisions including one that liberalizes the treatement of Health Savings Accounts.

Selected Provisions: http://www.smbiz.com/sbspec152.html

For the complete technical explanation, go to www.house.gov/jct/x-50-06.pdf.

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