PATH Act Provides Tax Breaks for 2015 and Beyond

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When many were busy celebrating the holiday season, President Obama signed The Protecting Americans from Tax Hikes (PATH) Act of 2015 into law at the end of last month. This important legislation extends a number of tax breaks and makes many of them permanent. Below, we outline some of the more important changes effective after December 31, 2014 (unless otherwise indicated). To read the primary list of tax breaks, click here.

  • R&D credit: The Act retroactively and permanently extends the research credit and may be used as an offset against AMT in certain situations. No changes were made …read more

    Read more here:: Government Contracting

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