Tax Law

Recent Posts

Estate Tax Reinstated
Posted on 20 Dec 2010 by Patricia Tyler

Over the last few weeks we all have been diligently watching and waiting to see what would become of the Bush tax cuts and while most would agree that a continuation of at least some of the tax cuts were necessary to keep the economy moving forward, it... Read More

Thorns in Making Work Pay Credit for Some Taxpayers, Says TIGTA
Posted on 19 Jan 2011 by Susan Hughes

The Making Work Pay Credit, an economic stimulus provision included in the American Recovery and Reinvestment Act of 2009, was intended to provide an increase to employees' take home pay by reducing the amounts withheld from employees' paychecks... Read More

Taking Advantage of the Tax Relief Act of 2010
Posted on 24 Jan 2011 by Patricia Tyler

On December 17, 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 ("2010 Tax Act") became effective. Pub. L. No. 111-312. This new legislation provides planning opportunities for estates of decedent's... Read More

2011 Energy Credits at Hand, Albeit Attenuated
Posted on 24 Jan 2011 by Susan Hughes

In recent years, tax policy has been coupled with environmental policy. In an effort to promote the more effective use of resources, certain credit provisions are enhanced to encourage taxpayers to engage in energy improvement projects. Although the energy... Read More

Renewable Energy Treasury Grant Program Extended
Posted on 21 Dec 2010 by Eversheds Sutherland LLP

Treasury's popular renewable energy grant program was extended with the passage of The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This legislation also extends certain tax depreciation benefits available for... Read More

Finally a New Tax Law (For Now)
Posted on 20 Dec 2010 by Pepper Hamilton LLP Trusts and Estates Practice Gr

The long-awaited legislation concerning the estate, gift, and generation-skipping transfer taxes has been passed by both houses of Congress, and signed into law by the President. The legislation is known as the Tax Relief, Unemployment Insurance Reauthorization... Read More

Bush Tax Cut Extension Benefits and Baggage
Posted on 17 Dec 2010 by Peter Miller

In passing the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Relief Act), Congress has ended chronic anxiety over relief desired to mitigate unemployment woes and stimulate the economy. Now that President... Read More