Tax Cuts Now, Tax Reform Later

Extending the Bush tax cuts now and saving tax reforms for after the elections would be the most responsible and logical decision on the part of Congress, explains Robert Green. Cost-basis reporting rules are causing confusion.

Recorded June 6, 2012. Postscript: the Bush-era tax cuts were permanently extended for 98% of taxpayers — everyone except the upper-income group.

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I recently downloaded and read your trader tax guide which was extremely informative and clear.  I also read Mr. Greens blog posts - which have been more helpful than our Big 4 accounting firm.  

CS

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