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New Tax Bill is Signed into Law (December 17, 2010)

The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (H.R. 4853) will continue present individual and corporate income tax rates through 2011 and 2012.  It will also provide a temporay payroll tax reduction for this period, extend the 100% exclusion for gains from the sale of certain qualified small business stock and increase bonus depreciation to 100% for certain qualified investments.

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    New Tax Bill is Signed into Law (December 17, 2010) - News - Business Law - John E. Cargill
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    New Tax Bill is Signed into Law (December 17, 2010) - News - Business Law - John E. Cargill
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