Congress working on tax extenders package

Congress working on tax extenders package

NEGOTIATIONS on a tax extenders package are ongoing, and a final agreement is still uncertain.

The outcome could range from a large-scale package, a one-year retroactive patch in which the provisions would expire again at the end of 2015 or failure to reinstate the expired tax provisions at all.

Congress is hoping to conclude its work and adjourn by Dec. 11, although this potentially could slip to Dec. 18.

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