{"id":1524,"date":"2015-10-02T12:46:14","date_gmt":"2015-10-02T17:46:14","guid":{"rendered":"https:\/\/taxprocenter.proconnect.intuit.com\/?p=1524"},"modified":"2016-07-28T21:51:52","modified_gmt":"2016-07-29T02:51:52","slug":"tax-extender-update","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/tax-extender-update\/","title":{"rendered":"Tax Extender Update"},"content":{"rendered":"

Even though we are still enjoying those long summer days and warm, balmy nights, you may be able to find out how you can lower your clients\u2019 tax bills earlier this year.<\/span><\/p>\n

Every year or two, Congress votes to extend temporary tax breaks called tax extenders, but typically, the tax extenders\u2019 bill is voted on at the end of the year. In fact, in 2014, Congress extended certain tax benefits with about two weeks left in the year. This year, however, may be a little different since the Senate Finance Committee is set to mark up the tax extenders bill today, giving the committee more time to extend the expired tax benefits that help individuals, families and small businesses.<\/span><\/p>\n

What\u2019s next? Once the Senate Finance Committee marks up the tax extender relief bill, it then has to go to Congress for final vote. There is talk that the tax extenders may be voted on as early as the fall.<\/span><\/p>\n

Here is a short list of the tax extenders on the table for passage that may save you money at tax time:<\/span><\/p>\n

Individual Tax Provisions<\/b><\/p>\n