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House Ways & Means Committee Makes a BIG Move

By Farrell Fritz P.C. on May 2, 2014
Posted in Federal Tax Issues

We have previously looked at the recognition period for built-in gains of S corporations, and the effect of the expiration of the temporary reduction of this period, under the American Taxpayer Relief Act of 2012, to five years.  Earlier this week, however, the House Ways and Means Committee approved six “tax extender” bills to…

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