Mind your 'Pease' and cues

November 2012
Small Business Tax Strategies;Nov2012, Vol. 7 Issue 11, p2
The article focuses on the tax rule called "Pease amendment" in the U.S., wherein certain itemized deductions for higher-income taxpayers, including mortgage interests, deductions for charitable donations, and property taxes, are reduced by three percent of their adjusted gross income (AGI).


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