First the good news: Mid-year tax planning this year looks to be much more settled than last year. We went through all of 2012 with all of the regularly expiring provisions already expired and with uncertainty as to the extent to which the Bush tax cuts would be extended beyond 2012. Most of those regularly expiring provisions got extended through 2013 and the Bush tax cuts were addressed in legislation that gave them some permanency, either preserving them for lower-income taxpayers or letting certain of them expire for higher-income taxpayers.
All Accounting Today articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, blog discussions, and conference discounts. Registered members may also choose to receive our exclusive Tax Pro Today e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.