Look What’s Back !

On February 9, 2018 the President signed into law HR 1892, the Bipartisan Budget Act of 2018, which extends federal funding for the government. As a result many expired provisions were brought back to life. Common provisions include:

PMI deduction

Tuition and fees deduction

Nonbusiness energy property tax credit

Cancellation of qualified principal residence indebtedness exclusion

If you were adversely affected, please contact us for a possible amended tax return.