Recent News

Congress extends tax breaks in year-end legislation In its final session of the year, Congress extended a long list of tax breaks that had expired, retroactive to the beginning of 2014. But the reprieve is only temporary. The extensions granted in the Tax Increase Prevention Act of 2014 remain in effect through December 31, 2014. For these…

Dear Clients and Friends, Perhaps the one issue on which there is agreement in Washington is the need for comprehensive tax reform. However, getting started on this task is put off year after year. Instead of tackling tax reform in 2014, Congress has once again run out of time and will be lucky if any…