An interesting article from Wealth Management Advisors, LLC, by Stephen Ahern
The following information was provided by the Journal of Accountancy prepared by the American Institute of Certified Public Accountants:
Pulling back from the “fiscal cliff” at the 13th hour, Congress on Tuesday preserved most of the George W. Bush-era tax cuts and extended many other lapsed tax provisions. Below is the summary of the new tax law to be signed by the President on 1/2/2013.