President Obama has signed the Tax Increase Prevention Act of 2014 into Law, with less than two weeks remaining in the calendar year. More than 50 temporary tax provisions, several of which we highlighted in our blog post here, will remain available for the 2014 tax filing season before they return to being contended topics for the 114th Congress in 2015.

Be mindful that, with two weeks left to file your taxes, the IRS has stated that it is unlikely to delay the 2014 tax filing season. If you believe that you or your business may be affected by these extenders, Barnes Dennig offers tax consulting services assistance in financial planning.