Tax Law

Tax Extenders Bill (H.R. 4213) Is Multi-Dimensional

When signed into law, the American Jobs and Closing Tax Loopholes Act of 2010 (H.R. 4213) purports to:

  • Help businesses, as well as state and local governments, with tax relief to create jobs;
  • Provide health care access to military service members, the elderly, and the disabled;
  • Close tax loopholes that militate for the advantage of multinational corporations and investment fund managers at the expense of other taxpayers;
  • Create more job training programs;
  • Extend eligibility for COBRA and unemployment insurance benefits until year-end 2010;
  • Extend small business loans.