President Signs 2014 Tax Extenders

President Obama signed a one-year tax extenders package into law on December 19. This package includes the Tax Increase Prevention Act of 2014 which retroactively extends for 2014 more than 50 business and individual tax incentives that expired at the end of 2013. The House passed this retroactive legislation on December 3 and the Senate voted and passed the provisions on December 16. For more information on these provisions, please visit our previous blog post, Tax Provisions Retroactively Extended by the Tax Increase Prevention Act of 2014 , or contact your Anders advisor to find out how they will specifically impact you.