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Proposed Tax Legislation
As proposed tax legislation winds through committees in the House and Senate, heading for votes during the holidays, we thought it would be a good time to take a closer look at the two different bills. We found two very comprehensive articles on the Forbes website. One of them compares the bills with existing law…
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2014 “Tax Extender” Legislation
In late December Congress passed the Tax Increase Prevention Act of 2014, which served to extend more than 50 individual, business and energy tax incentives retroactively to January 1, 2014. The Act includes all of the popular incentives for individuals, such as the state and local sales tax deduction and higher education tuition deduction, as…