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Tax Relief and Job Creation Act of 2010

In Estate Planning, General Financial Planning, Personal Finance, Tax, The Economy by Chip Hymiller

Well, Congress finally enacted the tax reform bill that many have been anticipating for some time. In general, the new law extends the Bush-era tax cuts for two years and provides taxpayers with some certainty during this period. While this comprehensive piece of legislation covers many aspects within the tax code, here is a summary of some of the major points.