The Bush Tax Cuts: What To Do?

12/17/2010 - The income, estate, & gift taxes have been modified for 2010, 2011 & 2012 by the Tax Relief Act of 2010.

The following two infographics compare the 1) average tax savings and 2) average tax if the Bush tax cuts are permanently extendended or extended for all but those in the wealthiest two tax brackets.

Flash is required for the animations to work, however, if you don't have Flash installed you will still see a static images of the animations.

Average Tax Savings

Click on the image below to view an infographic/animation that compares the tax savings if the: 1) bush tax cuts are permanently extended or 2) they are extended, inter alia, for all but those in the wealthiest 2 tax brackets.

Expiring Bush Tax Cuts Infographic - Savings

Average Tax

Click on the image below to view an infographic/animation that compares the 3 options currently being discussed for handling the expiring Bush tax cuts: 1) extending all the tax cuts, 2) extending the tax cuts, inter alia, for all but those in the wealthiest 2 tax brackets, and 3) allowing the tax cuts to expire completely.

Expiring Bush Tax Cuts Infographic - Tax

This brief overview of some important considerations associated with the U.S. Federal income tax is by no means comprehensive. Always seek the advice of a competent professional when making important tax planning decisions.

USE THIS ON YOUR SITE: AVERAGE TAX SAVINGS

USE THIS ON YOUR SITE: AVERAGE TAX

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