Energy Tax Extenders

The American Taxpayer Relief Act of 2012 (H.R. 8) has been discussed already in this blog.  In addition to the income tax, estate tax, and payroll tax provisions, the American Taxpayer Relief Act of 2012 contained provisions for the extension of energy tax incentives.  Although much of the American Taxpayer Relief Act of 2012 made a…

Read More

House Passes American Taxpayer Relief Act of 2012

Last night, the House of Representatives passed the American Taxpayer Relief Act of 2012 (H.R. 8) without amendment.  The Senate passed the bill on December 31, 2012.  The bill will become law once it is signed by President Obama. For a brief overview of the bill, please see our earlier discussion here.

Read More

Senate Votes to Step Back from the Cliff

Late last night the Senate voted to step back from the fiscal cliff.  The Senate passed the American Taxpayer Relief Act of 2012 (H.R. 8).  The bill addresses the revenue side of the fiscal cliff and deferred most decisions on the spending side for another two months.  The House of Representatives is expected to vote…

Read More