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How to take advantage of new income tax law
Editor's note previews the 1981 Economic Recovery Tax Act effects. It highlights withholding cuts starting Oct 1, 1981, the All Savers Certificates, and the need for tax planning. It explains marginal tax rates, brackets shrinking to 11 50 percent, and the value of deductions shifting to 1981. It notes evaluating brackets and potential benefits for high tax brackets.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Herbert M. Paul
Touche Ross & Co
Paul
Savings and Loan
U.S. Treasury
Treasury
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