President Bush Signs The Jobs & Growth Tax Relief Reconciliation Act of 2003

Your Guide to Understanding the New 2003 Tax Law

Just Published–Only $9.95!

Go to https://www.fedweek.com/Publications/default.asp For More Info or Continue Reading Below.

The third-largest tax cut in U.S. history, the Jobs &

Growth Tax Relief Reconciliation Act of 2003, has just

been signed and we’ve just published a brand new

easy-to-understand guide, Your Guide to Understanding

the New 2003 Tax Law. This important new guide spells

out the new tax law in down-to-earth terms helping you

take full advantage of the significant provisions that

affect you and your family. By understanding and knowing

what’s in the Jobs & Growth Tax Relief Reconciliation

Act of 2003 and acting on that knowledge, you can cut

your taxes significantly–leaving more of your hard

earned money in your bank account this year.

Many Americans are also facing higher state and local taxes,

increased income, property, and sales taxes. Those taxes are

bound to bite, especially in a time of slow economic growth.

That’s why it’s particularly important to take advantage of

the new tax law. Reducing the amount you send to the IRS

can ease the pain of higher state and local taxes. Your

Guide to Understanding the New 2003 Tax Law will show you

how to wind up with net gains in today’s give-and-take tax

game. Here are a few of the key provisions:

• Tax rate reductions: Dropping from 28%-39.6% now to 25%-35%.
• Know what your tax bracket is going to be and what you can

  do now to start saving now and in the future.

• Dividends: Historically paying up to 35% in tax–now

  dividends are taxed no higher than 15%.

• Capital gains: Long-term capital gains previously qualified

  for a bargain 20% rate now the rate has been dropped to 15%.

• Marriage penalty: In many cases, a married couple pays more

  tax than two singles now the new law provides “much needed”

  relief with expanded standard deductions. Know what “relief”

  you’ll have.

• Child tax credit: Most taxpayers with dependent children

  will greatly benefit from the expansion of this tax credit–

  How will they affect your family?

• Alternative minimum tax. The AMT, which was designed to

  thwart rich tax evaders, is now impacting middle-income

  folks–the new law provides breathing room.

• Business equipment. The new law contains provisions that

  will help you deduct the cost of business equipment more

  rapidly–See how much you can save.

• Estate Taxes: How the new estate tax provision laws affect

  you–what you should do now to protect your estate.

“This new tax bill affects almost everyone and there are

many new opportunities to take full advantage of the new

provisions, but you need to know what to do now! I’ve had

my federal tax experts prepare this brand new guide written

exclusively for you to show you how to keep more money in

your bank account this year.”

Don Mace, Publisher

FEDweek

Simply put, Your Guide to Understanding the New 2003 Tax Law

will help you save more of your hard earned money,

explaining each major provision of the tax law in

straightforward language and show you how to make the most

of these tax breaks…while they last.

You can order Your Guide to Understanding the New 2003 Tax

Law for only $9.95 (plus s&h) by going to our publication

section of our website

https://www.fedweek.com/Publications/default.asp

and placing your secure order online with your credit card.

You may also call our toll-free order line (888) 333-9335

to place your order or mail $13.95 ($9.95 plus $4.00 s&h)

to: FEDweek, PO Box 5519, Glen Allen, VA 23058.