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Talk of the TownCongress "Acts" on Tax Extenders Providing Sought ReliefAlleviating some of the uncertainty about many tax breaks and benefits that expired in December of 2013, Congress recently passed the Tax Increase Prevention Act of 2014. The Act provides sought relief for both individuals and businesses by extending certain "tax extenders" retroactively throughout 2014. Click Here to read more. IRS MACRS Regulations Update The IRS recently updated and finalized the Modified Accelerated Cost Recovery System (MACRS) regulations, which provide stability and planning to businesses that are currently operating under a set of temporary repair regulations. Click Here to read more.
To learn more about Sanders Thaler Viola & Katz, LLP, visit www.st-cpas.com.
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