The IRS announced on February 22 that its processing systems have been reprogrammed to handle the three benefits most likely to be claimed on returns filed early in the tax season. These benefits have been renewed as part of the Bipartisan Budget Act, enacted on February 9. As a result, you
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Dozen of Expired 2017 Tax Extenders Revived with Budget Deal
On 2/9/18, the U.S. government passed a $400 billion budget bill that retroactively renews about 30 tax breaks that expired at the end of 2016, allowing taxpayers to claim them on the 2017 returns they file this year. The IRS
Protecting Americans from Tax Hikes (PATH) Act of 2015 – Tax Extenders
President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”) on December 18, 2015, after both houses of Congress voted to approve the budget measure and comprehensive spending bill. The PATH Act extends a number of important