Does Budget Bill Fiasco Spell Doom of Tax Extender Bill
Based on the experience with the House yesterday in passing the 2015 Budget Bill, it would not surprise me if Congress now punts the Tax Extender Bill completely to 2015. I still firmly believe that there is enough votes in the Senate to get the bill passed, however, based on certain stubborn Senators on both the Republican and Democratic sides, it may get stalled.
There is not the urgency associated with the Tax Extender Bill that there was with the Budget Bill. However, I am still guaranteeing that the Tax Extender Bill will pass sometime in the next few days (remember how much my guarantee is worth).
We will keep you posted.
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
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