JAGTRRA

(redirected from Jobs and Growth Tax Relief Reconciliation Act of 2003)
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AcronymDefinition
JAGTRRAJobs and Growth Tax Relief Reconciliation Act of 2003
References in periodicals archive ?
This new course gives you the practical insight you need to help your clients take advantage of the new tax changes in the Jobs and Growth Tax Relief Reconciliation Act of 2003, one of the largest tax cuts in U.
The qualified dividend preferential rates and election were created by the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA), which also lowered the top rate on adjusted net capital gain to 5% or 15%.
The Jobs and Growth Tax Relief Reconciliation Act of 2003 raised the AMT exemptions to $58,000 for married individuals filing a joint return and surviving spouses, and $40,250 for individuals for 2003 and 2004, up from $49,000 and $35,750 respectively.
The Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) increased the maximum amount that can be expensed under Sec.
179 was overhauled by the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA).
With the recent changes to depreciation enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003 and the Jobs Creation and Worker Assistance Act of 2002, and the increased carry-back provisions (five years back instead of two, and 100% offset for alternative minimum tax purposes for or from 2001 and 2002), the use of losses is more important than ever.
His testimony (1) reiterated the AICPA's support of the IRS's electronic filing and tax administration programs; (2) recommended approving the IRS's FY 2005 budget requests; (3) identified problems with information returns caused by the reduction in the tax rate on dividends under the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA); and (4) described the AICPA's position on return preparation outsourcing.
after the Jobs and Growth Tax Relief Reconciliation Act of 2003, most dividends are taxed at a rate equal to or less than capital gains; see Hegt, "JGTRRA Cuts Rates, Increases Some Deductions and Credits.