More than 50 individual and business tax deductions and credits were signed into law in December 2014 as part of “The Tax Increase Prevention Act”.
BHT&D Certified Public Accountants Blog
Tags: Tax Provisions, Tax Deductions, Retirement Plan, Depreciation Deduction, Tuition, Section 179, Work Opportunity, Classroom Expenses, Local Income Tax, Tax Credit, IRA, Mortgage, Sales Tax, State Income Tax
There were many tax provisions that expired as of December 31, 2013. Is Congress taking any action to extend these provisions?