The Tax Increase Prevention Act of 2014 (2014 Tax Prevention Act) provides a one-year extension of several taxpayer-friendly provisions applicable to employers. These credits and benefits are intended to encourage new hiring and to improve employment opportunities for broader classes of individuals, including veterans and working families. The 2014 Tax Prevention Act extends the following.

The President has signed into law the Tax Increase Prevention Act of 2014, which retroactively extends for one-year expired tax provisions, makes technical corrections to existing tax laws, and enacts the ABLE Act. The Act includes provisions that extend for one year retroactively back to January 1, 2014, the optional sales tax deduction (in lieu.

The Senate on December 16 approved, by a vote of 76 to 16, the Tax Increase Prevention Act of 2014(HR 5771), which retroactively extends for one-year some 54 expired tax provisions and makes technical corrections to existing tax laws. The Act, which is estimated to cost $44.7 billion over 10 years, extends the currently-expired incentives.

Some Louisiana businesses have recently received an “Annual Records Solicitation Form” from the Louisiana Council for Corporations. Louisiana business entities should be aware that the “Louisiana Council for Corporations” is NOT AFFILIATED or associated with Louisiana state government in any way. The Annual Records Solicitation Form is an official-looking form which appears similar to a.