Tax planning has become a lot easier now that most of the Bush tax cuts have been extended and a decision on the next two years of tax rates are now in play. The IRS is frantically scrambling to update the forms to make adjustments that may affect your 2010 tax filing.
Do not expect an early and quick tax refund this year. According to a recent IRS notice, many of the returns that can benefit from the recently passed tax breaks cannot be submitted until mid to late February.
