Congress Approves Key Tax Extenders for 2014

Today, the President signed into law the Tax Increase Prevention Act of 2014 (“the extenders bill”), which retroactively extends for one year (through 2014) most but not all of the “tax extenders” that had expired after 2013. The key provisions that were extended through December 31, 2014 include: 50% bonus depreciation on new business assets […]

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