“Extenders” Legislation Will Wait Until After the Election

Many tax provisions expired at the end of last year or will expire this year.  These provisions, which are called “extenders,” include many deductions and credits that affect both businesses and individuals. View the official listing of provisions expiring between the years of 2011 and 2022. Recently, the Ways and Means Subcommittee on Select Revenue Measures Chairman, Patrick J. Tiberi, R-Ohio, indicated that the issue of extenders will not be marked up until the lame-duck session after the elections. Continue reading