Diane Kennedy bought her first rental property before the age of 25 and over the past two decades has owned over 100 properties…

Diane Kennedy, CPA, author of Loopholes of the Rich – How the Rich Make More and Pay Less Tax in the Rich Dad’s Advisors‘ series.

Diane is a popular public speaker, and is one of Robert Kiyosaki’s select Rich Dad’s Advisors. She has built a career based on educating others about financial investments and the tax advantages that are available.

Diane points out hundreds of tax changes that will affect 2009 and she updates you with the dozens of bills being debated today in Congress. Read more about these headlines at the TaxLoopholes Blog over the coming weeks.

For 2009:

Tax credit of up to $8,000 for first-time home buyers
Payroll tax credit
Sales tax deduction for new vehicles
New indexed tax brackets
Larger personal exemptions
Higher standard deductions
Reduction in itemized deductions and personal exemptions for high-income
taxpayers (Over $166,800)
Increased section 179 expense deduction
Tax-free parking for employees
Tax credit for college tuition
Child tax credit
Earned income tax credit
Higher income limits for deductible IRAs and for Roth IRAs
Increased contribution limit for 401(k) plans
Estate tax exemption
Higher annual gift tax exemption
Exemptions for the Alternative Minimum Tax
Credit for residential energy-efficient property
Credit for energy-saving home improvements
Converting a second home to a primary home
Refundable child tax credit
Partial exclusion for unemployment benefits
College savings plans.
Estimated tax relief for owners of small businesses