Provided by Steiner & Granger
Insurance and Financial Services
jgranger@sagepointadvisors.com
With the 2011 tax filing season behind us, much attention is being paid to the expiring "Bush tax cuts"-- the reduced federal income tax rates, and benefits, that will expire at the end of 2012 unless additional legislation is passed. In fact, though, several important federal income tax provisions already expired at the end of 2011.
Here's a quick rundown of where things stand today.