Highlights of the Protecting Americans from Tax Hikes Act of 2015

With just a couple of weeks before year end, Congress passed the Protecting Americans from Tax Hikes Act of 2015 (PATH Act). The legislation deals with more than 50 tax provisions that expired December 31, 2014.  Some provisions were extended, while others were made permanent.  I want to discuss some of the more popular provisions.[…]

Individual Tax Provisions in Obama’s 2015 Budget

President Obama released his FY 2015 budget proposals on March 4.  I’m not one to analyze the benefit or cost behind proposed tax law, or argue conservative or liberal viewpoints ( I am conservative), but I am interested in what may be on the horizon for tax law.  While I’m conservative, I’m not naïve enough[…]

Federal Tax Provisions Set to Expire

The IRS recently announced that the beginning of the tax filing season will be delayed one to two weeks.  We are also waiting on Congress to pass “extenders”, laws that will extend the tax provisions set to expire on December 31, 2013.  The longer we have to wait on Congress, the more delayed tax season[…]