Here Come the Extenders (Not Another Apocalyptic Teen Movie)—Just Another Tax Act

These days, the general view of Congress has been that they can’t get anything done. But when tax breaks are in the balance, Congress understands that their constituents at home will be very angry if they let them slip. This time, Congress actually outdid itself by not only extending the commonly called “extenders,” but making some permanent and extending others for more than another tax year by passage of the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act). Warner partner Sean Cook recently wrote an article on extenders, the PATH Act and other recent tax provisions which can be read in its entirety HERE.