Tagged: EXPIRE Act of 2014

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Tax Extenders Take Back Seat to Spending Bill and Nominations

At the beginning of this week, the expectation was that the Senate would quickly bring to a vote the Tax Increase Prevention Act of 2014 that was speedily introduced and passed in the House. In fact, Senate Majority Leader Harry Reid (D-NV) himself had stated that he planned to bring the initiative to the Senate floor for a vote–this being...

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The Fate of the EXPIRE Act of 2014 After the Mid-Term Elections

The dust from the craze of the 2014 mid-term elections resulting in the Republican party gaining majority control of the Senate seems to be finally settling. With that, our interest turns to how the results of the election will impact the direction Congress will take with the tax provisions still under question. Such issues grow evermore urgent as we get...

EXPIRE Act Hits Snag in Senate Over Amendments 0

EXPIRE Act Hits Snag in Senate Over Amendments

The Senate yesterday began legislative proceedings as expected by considering the EXPIRE Act. From there, things quickly declined. Senator Wyden (D-OR) first gave his oft-repeated plug for passage of the bill. Senator Hatch (R-UT) then called for an “open process” that would give the senators who were not part of the discussion of the EXPIRE Act during its spell in...

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Senate to Consider the EXPIRE Act of 2014

This week, the Senate will consider a bill intended to give two-year extensions to several tax benefits that either have expired at the end of tax year 2013, or that will expire at the end of tax year 2014.[1] The bill, titled the “Expiring Provisions Improvement, Reform and Efficiency Act of 2014 (the “EXPIRE Act”), essentially extends fifty-five temporary tax...