Why we talk about it now is because we are going to be talking to our clients after they have gotten their first paychecks under the tax revision AND will be planning what their tax situation will be throughout 2011. This will not be a fun conversation and given the rumors about what may come after the November Vote, the potential is there for Lame Duck Congress revisions under Democratic Panic and economic chaos!
I’m not sure I even wanna prepare taxes this coming season. It’s gonna be dangerous when these people see how much more they gonna have to pay.