Here’s a link to a radio interview with Michael Gray on The Financial Survival Network about the “fiscal cliff” tax legislation enacted January 2, 2013.
Michael Gray – Fiscal Cliff Deal: New Taxes For All, Help For Some
Congress finally passes tax extenders – including AMT relief
In general, the legislation is a big relief from most taxpayers and their advisors. I expect to see more comprehensive tax reform in the future, so stand by for more changes ahead.