Tax Relief Act of 2010: Quick Guide
Summary
The
Tax Relief, Unemployment Insurance Reauthorization, and Job
Creation Act of 2010, signed into law on December 17, 2010,
is the end result of President Obama's compromise with the GOP to
extend the "Bush tax cuts" set to expire at year-end. In addition to
providing a 13-month extension of benefits for the long-term
unemployed and extending expiring provisions, the Act includes
several new tax provisions. Here's what you need to know:
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