2014 Tax Changes

In Part I of our series, we looked at a few of the tax breaks that were reduced or eliminated at the start of 2014. Now let’s look at some of the additions to the tax code taking affect this year. Individual Mandate to Purchase Health Insurance: Despite attempts to delay and/or eliminate it, the […]

With the start of a New Year comes several changes to the tax code and this year is no different. At the stroke of midnight December 31, 2013, 55 tax-breaks expired without any action by Congress to extend them. Some may be extended later in the year retroactively, so stay tuned for that. Until then,