IRS Urges Congress to Pass Extenders Act

Now the IRS is pressing Congress to step up and pass the Extenders Act

The so-called “tax extenders” represent about 50 expired tax laws which expired at the end of 2013, including the Work Opportunity Tax Credits “WOTC” for businesses.

IRS Commissioner John Koskinen admonished Senate Finance Committee chairman Ron Wyden (D-Ore.) and his commission in a letter last week to take action on the extenders.

“To avoid . . . serious problems, I respectfully urge you and other Members of Congress to address this issue expeditiously…. it would be detrimental to the entire 2015 tax filing season and to millions of taxpayers if Congress fails to provide clear policy direction before the end of November.”

This goes back to Senate Finance Committee Chairman Ron Wyden, D-Ore., urged members of Congress Tuesday, October 7th to act swiftly in passing tax extenders that expired in 2013 in order to prevent disruptions in the 2015 tax filing season.

Related Links:

http://www.finance.senate.gov/imo/media/doc/IRS%20letter%20to%20Wyden%20on%20extenders.pdf

http://www.thinkadvisor.com/2014/10/07/irs-prods-lawmakers-to-pass-tax-extenders