If you’re looking for things to do to get ready for the upcoming filing season or want to check your list against another, I have one for you. Please see “Preparing for the 2016 Filing Season,” AICPA Tax Insider, 12/17/15.
The article was written before passage of the extenders and appropriations tax package. Here is a list of links to that legislation you may find useful along with a list of some items for immediate consideration.
P.L. 114-113 (12/18/15) – H.R. 2029, Consolidated Appropriations Act 2016 – includes appropriations and other changes along with the Protecting Americans from Tax Hikes Act of 2015 (PATH), which is the extenders bill.
NOTE ON EXTENDERS: The bulk of the tax changes are in PATH, although a few, including a two year extension of Read more