Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
2005 TAX BILL ON ICE UNTIL DECEMBER
November 21, 2005
The House of Representatives has delayed floor action on its version of the Tax Reconciliation Bill until it returns from Thanksgiving Break on December 5.
The TaxProf has a nice chart today outlining some of the major differences between the House and Senate versions of the bill. The big issues are whether the lower rates for capital gains and dividends will be extended beyond their scheduled expiration in 2008 (House bill only) and whether the alternative minimum tax exemption will be increased in 2006 to prevent millions more taxpayers from being subject to AMT (Senate bill only).
Prior Tax Update Coverage:
SENATE PASSES TAX BILL IN WEE HOURS
SCALED-BACK GRASSLEY BILL PASSES FINANCE COMMITTEE
Bookmark: del.icio.us • Digg • reddit
Tax Updates
Subscribe to Tax Updates
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Search Tax Updates
Friends and Neighbors
Economics Nerds
Hard-Core Tax Nerds
Gigablogs
Insurance Folk
Goners
Legislation
Tax Update Data Feeds
