Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. What the New Tax Law Means to You.
After months of uncertainty and partisan arguing, Congress passed a wide-ranging law that provides relief to taxpayers from all walks of life. On December 17, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.
The mega-law solidifies many tax law provisions, which expired at the end of 2009, or were scheduled to expire on December 31, 2010. It will put extra dollars in the pockets of millions of Americans -- money that politicians are hoping will stimulate the economy. Here is a rundown of some significant provisions affecting individuals in 2011.
