News & Press: The Iowa State Bar Association News

Recent law changes have extended or changed expiring tax law provisions

Thursday, June 25, 2020   (0 Comments)
Posted by: Zach Zuber
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A number of federal tax provisions currently in effect will expire at the end of this calendar year. Among those expiring are the employer credit for paid family and medical leave (sec. 45S(i)), work opportunity credit (sec. 51(c)(4)), construction of new energy efficient homes (sec. 45L(g)) and various incentives for alternative fuels.

The list of expiring tax provisions was assembled by the Joint Committee on Taxation and published last January. The committee compiled expiring provisions each year through 2029. Download the 16-page report by clicking on the link in this IRS news release.

From the Iowa Lawyer Weekly