ECONOMIC GROWTH AND TAX RELIEF RECONCILIATION ACT OF 2001
The Economic Growth and Tax Relief Reconciliation Act of 2001 was the first major tax cut legislation signed into law by President George W. Bush. The tax cuts were to be temporary, lasting 9 years before expiring in December 2010.11
The Tax Act of 2001 affects all taxpayers for the rest of the decade. However, since it contains a sunset provision, Congress must affirm the law or the changes will end after December 31, 2010. The major changes affect personal tax rates, estate taxes, pension plans and education related expenditures. It presents an array of tax planning strategies and opportunities.
The Tax Act of 2001 may be last year's bill, but its provisions affect all individual
The Economic Growth and Tax Relief Reconciliation Act of 2001 was the first major tax cut legislation signed into law by President George W. Bush. The tax cuts were to be temporary, lasting 9 years before expiring in December 2010.11
The Tax Act of 2001 affects all taxpayers for the rest of the decade. However, since it contains a sunset provision, Congress must affirm the law or the changes will end after December 31, 2010. The major changes affect personal tax rates, estate taxes, pension plans and education related expenditures. It presents an array of tax planning strategies and opportunities.
The Tax Act of 2001 may be last year's bill, but its provisions affect all individual