Military families, farmers and ranchers are just some of the recipients of tax breaks in two new federal laws: the Heroes Earnings Assistance and Relief Tax Act of 2008 (the HEART Act) and the Food, Conservation and Energy Act of 2008. Congress authorized more than $3 billion in tax breaks in these two laws. Meanwhile, billions more in other tax breaks are pending in Congress, so it is shaping up to be a big year for tax legislation.
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