Race is On to Restore Tax Breaks
from The Hill
In all, the Joint Committee on Taxation says that extending all those tax breaks over the long-term would cost around $310 billion between 2014 and 2024, with half that total coming from just the research credit. Camp, who has announced that he will not seek re-election this year, has cast his efforts to extend some of the so-called tax extenders permanently — and leave others on the scrap heap — as a way to offer more certainty to businesses and give a nudge toward his longstanding goal of overhauling the tax code.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063