CCH has published a new tax briefing that provides an overview of the key tax law developments of 2010 and their impact on taxpayers.
From beginning to end, 2010 was an important year for tax changes, CCH noted. It was a year in which a still-recovering economy generated a great number of major tax developments affecting taxpayers of all types: individuals, businesses, tax-exempt organizations and more. Many of the developments were triggered by the passage of federal tax legislation; others by IRS rules and regulations; and still others by important court cases.
Some developments provided taxpayers with much-needed relief; while others were aimed at helping the government collect needed revenues.
CCH’s new tax briefing offers a guide to the key tax law developments of the year, some of which require immediate action, and others that could have an impact on long-term strategies.
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