The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, signed into law on December 17, results in a two-year deferral on the long-standing congressional debate over the extension of the Bush-era tax cuts.
While national headlines have focused on individual tax rates, the new legislation extends and modifies many provisions that apply to businesses as well.
How will the new legislation impact you? Find answers and information on the following:
- Business tax provisions and extensions
- Individual tax provisions and extensions
- Estate and gift tax changes
- Extension of energy incentives
For further help understanding the tax planning opportunities presented by the new legislation, be sure to look at our updated Year-End Tax Planning Guide with revised tax planning checklists for businesses and real estate entities as well as individuals and families.
