The tax extenders were passed in the Protecting Americans From Tax Hikes Act (Act) early in 2016, and consisted of permanent, five-year, and two-year extenders. These provisions are estimated to cost U.S. $629 billion over ten years, and came as a welcome relief after...
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...