Both the House and Senate have passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, and the bill is expected to pass into law soon. What goodies does it hold for taxpayers?
With so much uncertainty around how the tax bill would fare in Congress, I resisted blogging about resulting changes until now. Since the President negotiated the bill, his intention to sign it is not in doubt. As the name indicates, the bill covers more than taxes, but for now I’d like to focus on some of its key implications for taxpayers.
No Income Tax …Read More