Navigating this year's tax changes
Quick ReadAbout two dozen federal tax provisions have expired, and an expert is suggesting that small businesses "may postpone actions . . . until all of the tax rules for 2012 become certain."
Photo credit: iStock | More than four dozen federal tax provisions expired at the end of 2011. For small businesses, this may mean waiting to plan 2012 tax strategy until the situation is clearer, an expert says.
More than four dozen federal tax provisions expired at the end of 2011, and there's uncertainty whether they'll be extended for 2012. This could make planning your corporate tax strategy a bit tricky this year, say experts.
"It's really a challenge in 2012 for small businesses to plan," says Barbara Weltman, author of "J.K. Lasser's Small Business Taxes 2012" (Wiley; $19.95) and a Millwood-based...
