Check out the following new Questions for the Tax Lady answers and feel free to ask me questions through one of the links below. You can send me an email, direct message or @ reply, and I will do my best to get an answer for you!
Question #1: I visit my local tanning salon every few weeks, and they have warned me that a new tanning tax will be enacted as part of the health care reform package. When will this new tax take effect?
Beginning on July 1st of this year a 10% “tanning tax” will be imposed on all payments made for indoor tanning services.
Question #2: Was there an increase in the standard deduction amount for 2010?
The standard deduction for married couples filing a joint return remains unchanged at $11,400 for 2010. The standard deduction for single individuals and married couples filing separate returns is $5,700 for 2010. The standard deduction for taxpayers filing head of household increases by $50—from 8350 to $8,400—for tax year 2010.