THE TAX STORY – IMMENSELY ABRIDGED

The Income Tax structure of our country is designed to encourage and in many ways control behavior. How many people would actually own homes if they did not receive a tax deduction for mortgage interest? How many non-profits would suffer a loss in donations if large corporations and wealthy tax payers could not deduct their donations?

These are just a few examples. I have a copy of the 1913 Federal Income Tax form 1040. It is four pages long and one page is instructions. At that time there were 400 pages of Federal Tax Law. Today there are over 70,000 pages of Federal Tax Law.

The New Health Insurance Law is allowing very beneficial TAX CREDITS to qualified employers offering group Health Insurance. Is this you? Can it be you? I am including two helpful and simple forms. Please feel free to contact me to see if your Health Plan can put valuable dollars back in your pocket.

1913 TAX FORM

TAX CREDIT PAGE 1

TAX CREDIT PAGE 2

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