Pay less tax!! What’s New with IRS for 2010 filing season?

Personal casualty and theft loss limit. Each personal casualty or theft loss is limited to the excess of the loss over $100 (instead of the $500 limit that applied for 2009). In addition, the 10%-of-AGI limit generally continues to apply to the net loss.
ABA Tax provides tax services to both businesses and individuals in ALL 50 states. Our goal is to help you minimize your tax liability with proactive planning and accurate reporting. Please give us a call toll free 866-936-0430 or an email if you have any questions or would like to make an appointment.

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