Source: BLOOMBERG, 1/31/19


Tax writers are under pressure to renew temporary tax breaks, called extenders, as businesses and individuals seek certainty with tax-filing season underway. Many of the temporary tax breaks expired after 2017, meaning Congress would need to make the renewal of the provisions retroactive to 2018. Expired provisions include a railroad track maintenance credit under tax code Section 45G as well as breaks for biofuels and mortgage insurance premiums.

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