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Jan
12
Protecting Americans from Tax Hikes (PATH) Act of 2015
The Protecting Americans from Tax Hikes (PATH) Act of 2015 In one of its final actions for calendar year 2015, Congress passed the Consolidated Appropriations Act, 2016, a massive spending bill that will keep the federal government funded for fiscal year 2016. Signed into law on December 18, 2015, the legislation includes the Protecting Americans from Tax Hikes (PATH) Act of 2015 (Division Q of the Consolidated Appropriations Act), which addresses a host of popular but temporary tax provisions--commonly referred to as "tax extenders"--that had expired at the end of 2014, making many of them permanent. Some of the major provisions addressed are listed below. Individuals American Opportunity Tax Credit    The American Opportunity Tax...
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