The U.S. Treasury Department (under whom the Internal Revenue Service (“IRS”) works) just issued proposed regulations to explain and govern complicated application of the exciting 20% [...]
President to Sign Tax Increase Prevention Act of 2014 Containing Crucial Tax Extenders For Individuals and Businesses
In Corporate Issues, Tax and Estate Planning PostedYesterday afternoon the Senate approved by a vote of 76 to 16, the Tax Increase Prevention Act (TIPA) (H.R. 5771) which retroactively reinstates over fifty expired tax provisions. Although not [...]