Small Business Taxes & Management

Special Report

Highlights of Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010


Small Business Taxes & ManagementTM--Copyright 2010, A/N Group, Inc.


The text of the latest tax relief bill has just been released. This could be pretty close to a final version with respect to income tax provisions. Keep in mind nothing is final until it's actually signed. We've presented the tax highlights. Most of the provisions are extensions of existing law. Some have minor changes. Most of the provision are temporary and in effect for two years (e.g., the 2003 rates are in effect through the end of 2012).

No mention is made of the additional standard deduction for state and local real property taxes.


Copyright 2010 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources.--ISSN 1089-1536

Return to Home Page

--Last Update 12/10/10