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.

Testimonials

Dear Deborah (King), Now that I’ve had the time, this year, to review your work in more detail, I can better appreciate the effort and thought you’ve been putting into our tax returns all these years.  You’ve really been doing your best for us, and it certainly shows in this year’s return.  I sincerely thank you. Our thanks and my very best wishes to you, always,

JE