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Tax Relief Act of 2010 Extends Bush-era Tax Cuts and Other Tax Breaks

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Home Publikationen Tax Relief Act of 2010 Extends Bush-era Tax Cuts and Other Tax Breaks

On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "2010 Tax Relief Act"). The 2010 Tax Relief Act extends many of the Bush-era tax cuts, reduces the employee portion of the FICA tax for 2011, and modifies the estate tax provisions of the Internal Revenue Code of 1986, as amended (the "Code"). This Tax Alert provides a summary of certain key provisions of the 2010 Tax Relief Act.

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