The 2010 Tax Act We Have All Been Waiting For

Unless you have been buried in WikiLeaks documents about the partners of Williams Benator & Libby, you have certainly heard that right before the Christmas break President Obama signed the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010”.  For the record, the partners did not make up that title as a distraction.  …

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Small Business Tax Act Briefing And A Pat On The Back

As anticipated in our August tax briefing, Congress recently passed and Obama signed the Small Business Jobs Act of 2010 which created a $30 billion fund for small banks to use as a source to make loans to small businesses.  It also included important tax incentives, the highlights of which we will discuss below. Business …

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2010 Hiring Incentive Tax Act Briefing

We thought this follow up briefing would be helpful in addressing additional questions we have been receiving about the recently-passed Tax Act on hiring incentives. Called the Hiring Incentives to Restore Employment (HIRE) Act, this legislation creates an immediate incentive for businesses to hire unemployed individuals. It also extended the $250k Section 179 expensing election …

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