The highly controversial Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010,1 hereinafter referred to as the Tax Relief Act, which involved major political compromises, was signed into law on December 17, 2010. Although the legislation is only 33 pages in length, the budget implications are substantial and the provisions far-reaching. A brief summary of the more important provisions to the agricultural sector is provided here. A more detailed discussion of the provisions which were extended is published in volumes 4-8 of Agricultural Law2 and volumes 1 and 2 of Farm Income Tax Manual.3
Harl, Neil E.
"The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (H.R. 4853),"
Agricultural Law Digest: Vol. 22
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol22/iss1/1