Selected Tax Provisions in PATH Act of 2015
On December 18, 2015, President Obama signed into law the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) and the omnibus fiscal year 2016 budget bill. This legislation was widely anticipated as there were many individual and business tax provisions which expired at the end of 2014. The PATH Act not only extended a majority of these provisions; several were made permanent or were enhanced beginning in 2016.
Read the attached PDF document, “Selected Key Individual and Business Tax Provisions in the PATH Act of 2015” for a summary of selected significant tax provisions contained in this legislation.