2014 Rings In Uncertainty For Many US Taxpayers

Law360, New York (January 7, 2014, 11:43 AM EST) -- When 2013 ended, so did more than 50 U.S. tax provisions. Nearly all of these expired tax provisions have suffered this fate before, only to be extended retroactively after months of uncertainty for affected taxpayers.

Included among the list of expired tax provisions are some widely used incentives, such as the research and experimentation tax credit and 50 percent "bonus" depreciation. The list of expired tax provisions also contains a raft of energy incentives, including the production tax credit for wind energy, incentives for alternative and...
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