Tax Season 2015 Could Have Delays Due To Washington Inaction

Sen. Grassley warns of another tax season delay

Senator Charles Grassley (R-IA) warned fellow lawmakers in a Senate floor speech last Thursday that the postponement of tax-extender legislation could see the start of tax season delayed for the second consecutive year. He said “These 16m tax filers should provide more than enough reason for not putting off tax extenders legislation …But, if you need another reason, think of the small businesses that are anxiously looking on wondering what we are going to do about the expiration of the enhanced expensing rules under Section 179”.

Accounting Today


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