What Do You Want To Deduct On Your Tax Return?

Bullard, TX - October, 16 2006 - Our tax system is plagued with instances where the government (or its interest groups) have tried to make Americans act in a certain way through the use of deductions, adjustments and credits written into our tax system. An example of this is the ability of each taxpayer to exclude up to $250,000 of the gain on their primary residence when they sell it. This provision has helped to stimulate the real estate market by making people who otherwise wouldn't have sold their home do so. Now it's your turn to decide what deduction you would give to American taxpayers that would make them act in a more desirable way.

The 2005 Tax Year ends October 16, 2006, for most non-corporate taxpayers, including most individuals, partnerships, estates and trusts. This is a critically important tax date for a variety of returns, so Gina of Gina's Tax Blog (http://GLGcpa.blogspot.com), wants to celebrate. Gina's Tax Blog is sponsoring her First Annual, “I Want To Deduct…” event. This is your chance to be daring. Tell the world what you want to deduct on your taxes and why you believe it would help Americans. To enter the event you must write a post or essay about what you would like to deduct on your tax return and why you believe if all Americans were allowed to deduct this how it would help Americans act in a more desirable way. For complete event details please visit Gina's Tax Blog at http://GLGcpa.blogspot.com on October 16, 2006.

The event will begin on October 16, 2006 and end on October 22, 2006. Every participant will receive a prize and the value of all prizes to be distributed exceeds $500, so have some fun, win a prize and let the world know what you would like to deduct on your tax return.

Gina's Tax Blog provides tax tip articles for individuals and small businesses. The articles are written by Gina L. Gwozdz, CPA the owner of Gina's Tax Service (http://GLGcpa.com). The goal of Gina's Tax Service is to help all her clients minimize their tax liability within the constraints of the law. Gina's Tax Service provides useful tax planning, affordable payroll services, quarterly review and updating of your Federal Quarterly Estimated Tax Payments, professional tax return preparation and low cost online tax return preparation. For more information about Gina's Tax Service please visit http://GLGcpa.com. To enter the event please visit http://GLGcpa.blogspot.com.
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