Just before recessing for the holidays, the House and Senate passed the Protecting Americans from Tax Hikes Act of 2015 (PATH Act). President Obama signed the Act on December 18.The PATH Act does considerably more than the typical tax extenders legislation that has been seen in prior years. It makes permanent more than twenty key tax provisions, including many affecting individual taxpayers. It also extends and enhances other provisions.Taxpayers, both individuals and businesses, had ... [Continue Reading]
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