Tax Relief Reconciliation Act
Second Quarter 2001|Jim Williams| The recently enacted Tax Relief Reconciliation Act of 2001 includes some favorable changes in the law, including income tax changes, education related tax breaks, retirement savings and pension reform, and estate tax relief. While virtually any relief from federal taxes is welcomed, the "back-end loading" of the rate cuts and the "sun-setting" of the estate tax repeal make these changes less exciting than they might otherwise be.