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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jan 07, 2009
Page
10
For 2009, Congress paused required minimum distributions from traditional IRAs and 401(k) plans. The rule relaxes RMDs as stock markets were down, allowing individuals to skip or postpone distributions while evaluating yearly needs. Seek financial tax advice if uncertainties remain.
Governor Rick Perry announced Texas will abandon the Trans-Texas Corridor toll road network. Instead, guidelines will favor smaller 600 foot wide segments for roads rails and pipelines while continuing key projects like I-69 and north-south I-35 corridors. Officials stressed Texas remains committed to road building amid opposition from rural landowners and critics who called the project an expensive boondoggle. Associated Press staff contributed.
Gather records and receipts early, choose your form, and review Publication 17. Consider multiple filing options, take time to avoid errors, double check social security numbers and math, and consider e filing to speed refunds.
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