Posts Tagged ‘wreck-on-taxes’
Kiplinger Tax Letter December 23, 2009 (The Kiplinger Tax Letter)
Dear Client, Congress is leaving behind a big tax mess: Many key issues remain unresolved for now. Although the House approved extensions for a group of expiring tax breaks, the Senate got bogged down in debate over health care overhaul, preventing it from tackling other must-do bills before year-end. The gridlock could lead to a train wreck on taxes in 2010. Not only will unfinished business have to be taken care of, but Congress will be staring at another major deadline because the Bush tax cuts will expire at the end of the year if nothing is done. Read the rest of this entry »