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Archive for Monday, February 25, 2002

On the Money

February 25, 2002

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The Tax Reconciliation Act of 2001 contained hundreds of new changes in the tax code that will have some effect on just about everyone who files taxes this year. What changes should you keep an eye out for while preparing your tax return? Several Web sites can help.

Here is a brief list of sites that cover significant changes to 2001 taxes:

 Bankrate.com at www.bankrate.com/brm/itax/news/20020130a.asp. It provides an article that breaks down key changes in the 2001 tax provisions.

 TaxCut at www.taxcut.com/taxtips/taxÂchanges/. The site provides information about child tax credit, lower tax rates and the alternative minimum tax changes, provided by H&R Block.

 TaxPlanet.com at www.taxplanet.com/prez/prez.html. The site highlights new changes in the tax code and how benefits phase in.

 Quicken.com at www.quicken.com/cms/viewers/article/taxes/51188. It lists changes in the taxes, and future changes in upcoming years.

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