Tax
Jan. 28, 2005
Sweeping Tax Law Will Help All Kinds, Sizes of Businesses
Focus Column - Tax Law - By M. Katharine Davidson and Mark A. Saulino. - On Oct. 22, 2004, President Bush signed into law the American Jobs Creation Act of 2004, considered by many to be the most wide-ranging piece of tax legislation that the country has seen in years.
M. Katharine Davidson
Partner
Henderson, Caverly, Pum & Charney LLP
Katharine is chair of the firm's International Private Client Practice.
On Oct. 22, 2004, President Bush signed into law the American Jobs Creation Act of 2004, considered by many to be the most wide-ranging piece of tax legislation that the country has seen in years.
The sweeping nature of the act means that most, if not all, taxpayers will be affected in some way by the changes it brings. Businesses will feel most of the impact, with numerous provisions that add or extend a number of significant tax breaks...
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