New Tax Law
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New Tax Law

I always need to caution people about reacting too soon to new tax laws.  It's what I call "Premature Calculation."  They aren't real until they are signed by the President.  Even then, many of the law's provisions won't take effect until several years down the road.  Basing your real life plans on those delayed changes is very risky.

As soon as President Bush sign the current legislation into law, I will post my analysis of how it relates to real life people.  As always, I will start with those provisions that take effect at the earliest times and give examples of how they can be exploited to save the most in taxes.

KMK

 

This page was last updated:
Friday, May 25, 2001 04:44 PM
Ozarks Time by KMK

 

Kerry M. Kerstetter
MBA~CPA~ATP~ATA
11802 Deer Road
Harrison, AR  72601-6550
E-Mail: KMKCPA@TaxGuru.org
Web: www.TaxGuru.org
Blog: www.TaxGuru.net