Senate Finance Committee Passes Tax Extenders Bill
by Lester Bahr, CPA on 07/23/15
The Senate Finance Committee passed a tax extenders bill Tuesday, July 21st with a bipartisan vote of 23 to 3 that extends over 50 tax breaks for two years. The committee succeeded in passing a number of widely supported tax provisions that will provide some certainty in the tax code for the next two years. The bill would extend dozens of tax breaks that would otherwise have expired at the end of last year.
