There are more questions than answers about the 2012 tax year; start planning now.
If ever there was a year when you needed to be starting on your business income tax planning early, this is it.
The measures enacted in the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (more commonly known as the Bush-era tax cuts) are scheduled to sunset at the end of 2012. If Congress does not act, you'll be in for a rude surprise if you haven't prepared for this possibility. [MORE] . . .