Logically, you might wonder: Where are the $70 billion of tax cuts in the Tax Increase Prevention and Reconciliation Act (P.L. 109-222) that was signed into law by the president on May 17, 2006? Continuing with this logic, you could ask: What planning do I need to do right now to make this law work for me?
Don’t worry. For the most part, this law simply keeps in place for a few more years some of the existing tax breaks, such ... Log in to view full article.