Presenting an update on tax changes

On Dec. 18, Congress passed and the President signed into law the “Protecting Americans from Tax Hikes (PATH) Act of 2015” which makes some tax provisions permanent and extends a number of important tax provisions either five or two years. In addition, several of the provisions were significantly modified from years past.The following highlights some of the key tax provisions for individuals and businesses that were made permanent or modified: The enhanced American Opportunity Tax C