On October 3, 2008, President Bush signed into law the Emergency Economic Stabilization Act of 2008. Along with the much publicized financial markets rescue plan, the bill also contains $150 billion in tax relief.
Other highlights of the Act include:
- Over 290 Changes to the Tax Code
- 2008 AMT Patch
- Tax Extenders
- Disaster Relief
- Energy Incentives
- Revised Preparer Penalty Standard
- Enhanced Child Tax Credit
- Broker Basis Reporting
For a complete summary of all of these highlights, please review the seven page special report by clicking below.
As always, feel free to contact us at (912) 234-8243 with any questions you may have regarding the Act.
