HEADING INTO DECEMBER WITH MAJOR TAX-CODE ISSUES UNRESOLVED

Posted November 30, 2011

This week’s inaction in Washington will be sure to cause major confusion among taxpayers as we head to the end of the year. Congress’s, much hyped, bi-partisan, deficit-cutting committee failed in their attempt to even agree on a framework on how to attempt to tackle our country’s fiscal dilemma. Left in their wake of inertia are a number of unanswered questions about tax code items that are scheduled to expire either at the end of 2011 or 2012.

With this in mind, I thought this article from the Wall Street Journal would be helpful. It offers some year-end tax planning tips that may help you navigate your way through this turmoil.

Steve Barlotta CPA

Steve Barlotta has over 30 years of diversified experience in the public accounting industry. Steve Barlotta graduated Magna Cum Laude from Susquehanna University with a B.A. in accounting. In 1986, Steve Barlotta started his career with the “big four” accounting firm Deloitte Touche in New York City. Steve Barlotta founded Barlotta & Associates, LLP in 1996. In 2015, Steve’s firm merged with Richard Rausa & Associates, CPA, PA to form Rausa, Barlotta & Associates, PA.

HEADING INTO DECEMBER WITH MAJOR TAX-CODE ISSUES UNRESOLVED

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