Dear President Obama…

Congratulations on your victory. It was truly a nail-biter. You campaigned well, and no matter what side of the fence voters are on, you are the man for 4 more years.

Now, as tax practitioners what we need to know what is going on with the tax code!  Will you guys patch AMT; will the tax brackets be changing; will EITC be reverting back to only 2 dependents; is the hope credit finished; are educator expenses as a deduction dead?  let’s get down to business. Tax planners are breaking out their crystal ball and we need some help!   Whatever it is, let’s make it happen, an soon.

Sincerely,

U.S. Taxpayers