Tax Extenders Legislation Passed

At the eleventh hour, the Protecting Americans from Tax Hikes Act of 2015 (Act) was passed into law by Congress late in 2015. Echoing a near-identical situation occurring the year before, the controversial ‘tax extenders’ were extended yet again in what...

The Future of U.S. tax reform

‘No-one can tell you what will happen in the future. But some people can really give you vision about what might happen’ (David Lifson CPA, introducing former House Ways and Means Committee Chairman Mr Dave Camp at the 2015 AICPA National Tax Conference). Mr Camp...

Tax Extenders Bill Countdown

“We are the only nation in the world that lets a huge chunk of its tax code expire, often for a year, and then retroactively puts it back in place.” “That whole process is really unacceptable to me, and it puts us out of place with the rest of the...