Despite all the new tax regulations, registration requirements, and the promise of new tax legislation, there’s one thing that return preparers can eliminate from their worry list: tax strategy patents.
It now looks as though running afoul of a tax strategy patent will be a thing of the past – at least as far as any new, just-patented strategies. H.R. 1249, the America Invents Act (aka the Patent Reform Act), passed the House in June, and also passed on Thursday in the Senate for the second time after a similar measure passed in March. This time it is heading to President Obama's desk for his signature.
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