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This new act provides an $801 billion package of tax cuts and $57 billion for extended unemployment insurance.
While the vast majority of the tax changes are discussed here, not everything is covered. Many of the new rules are complex, and this description is necessarily brief. Consult your tax adviser before acting on any of these new provisions.
The Tax Relief Act 2010 (the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010) was signed in December 2010. Learn more by downloading this letter. |
