A Review of ‘Tax Extenders’ in New Law

From KM&M CPAs/Thomson-Reuters —  Dear Clients and Friends, On Dec. 27, 2020, the massive Consolidated Appropriations Act, 2021 (CAA, 2021) was signed to become new law. Before the CAA, 2021 hit the books, a bevy of federal income tax breaks were set to expire on 12/31/20. The tax changes explained in this letter are found … Continue reading A Review of ‘Tax Extenders’ in New Law