Live Breaking News & Updates on Tax extenders

Shutdown likely averted, but tax issues remain on Capitol Hill

Lawmakers have announced a deal on the likely last major bill of 2022 but lots of fine print remains, especially on tax policy.

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The Senate Can Use Tax Extenders as an Opportunity to Improve the Tax Code

The tax extenders are a group of approximately 50 tax-reducing policies that expire regularly. Congress has traditionally extended them just as regularly as they expire. Late last year, Congress retroactively renewed them for 2014, which means they are currently expired.

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Tax Extenders and the AMT Patch: Time to Pull the Plug on Congress's Annual Dance

A host of annual tax-reducing provisions expired on December 31, 2011. As it does each year, before restoring these policies, Congress is sure to argue about how to “pay for” extending these tax reducers, some of which have been the law as long as 30 years.

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Unclear midterm outcome means uncertainty about taxes

Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.

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Lame-duck Congress eyes $100B tax-cut deal with break for business

Republicans who are expected to control the House as of January want tax breaks for private equity, manufacturers and businesses. For their part, Democrats want to expand the child tax credit.

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Unclear midterm outcome means uncertainty about taxes

Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.

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