Fireside Tax Chat

I am creating this blog to keep my clients up to date on the latest tax matters. Considering what happened last year (AMT fix passed just after Christmas and the Stimulus Package passed after the tax filing season began) in the tax season combined with the economy and the election of Obama, expect changes at any time. I actually have sympathy for the IRS. Last year, they had to create a system to accept 30 million tax returns their system was designed to reject and issue over 100 million refunds they never planned for, after having to adjust their system to handle a significant tax law that saved millions from paying the AMT tax. I will do my best to keep my clients up to date and offer whatever service I can to help them react to the changes.