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Key Tax Provisions-- Extensions Still Uncertain

Posted by Samantha Keller CPA

Nov 13, 2014 2:14:57 PM

With the fourth quarter of 2014 here, we continue to await Congressional action on the extension of a number of key tax provisions that expired at the end of 2013. Though the continuing delay creates uncertainty for taxpayers as they begin to prepare for their 2014 tax returns, most observers hope that extender legislation will come now that the midterm elections are over.

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Topics: tax planning,, depreciation, tax provision, section 179, year end tax planning, sales tax

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