MEDIA ALERT: How Will Your Taxes Be Impacted by New Congressional Spending Legislation?

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Wolters Kluwer Provides Immediate Analysis and Implications on the
Protecting Americans from Tax Hikes Act of 2015 and Consolidated
Appropriations Act of 2015

–(BUSINESS WIRE)–Wolters Kluwer:

What’s New: Congress has just agreed on a massive $1.15 trillion
year-end fiscal spending bill that is currently awaiting the President’s
signature. The new legislation received final Congressional approval
earlier today, and the bill offers considerably more than the typical
tax extenders legislation seen in prior years. The fiscal package
includes around $620 billion in tax breaks, with many benefitting lower
income families as well as businesses. Americans who had counted on tax
breaks through temporary measures that had been continuously renewed to
prevent expiration now know which ones they can count on for the
upcoming tax season.

Full details are included in the new Wolters Kluwer Tax Briefing, “Protecting
Americans from Tax Hikes Act of 2015
,” which highlights the changes
made by the two Acts to the Internal Revenue Code. Featuring expert
commentary, planning notes and impact statements, the Briefing provides
all of the information needed to quickly get up to speed on this
important legislation.

Expert Analysis for Tax Season Reporting: Mark Luscombe, JD, LLM,
CPA and Principal Federal Tax Analyst for Wolters Kluwer Tax &
Accounting, is available for interviews and in-depth analysis of key tax
developments related to the new spending plan, including new temporary
and permanent tax break extender legislation.

Free access to the full briefing is available by visiting this web
link
. Mr. Luscombe and other federal tax experts are also available
for interviews to explain what taxpayers need to know when filing
upcoming federal and state returns.

To arrange interviews with federal and state tax experts from Wolters
Kluwer on these or any other tax-related topics, please contact:

Contacts

Wolters Kluwer Tax & Accounting US
Laura Gingiss, 847-267-2213
Laura.Gingiss@wolterskluwer.com
or
Eric
Scott, 847-267-2179
Eric.Scott@wolterskluwer.com