AICPA to Host Briefing on Expiring Federal Tax Provisions and Tax Season Outlook 

Dozens of Provisions for Individuals, Businesses and the Charitable Sector Set to Expire 
Published November 12, 2013

American Institute of CPAs (AICPA)

Friday, November 15, 2013, 10:00 a.m. EST

Conference call – 866.446.9850; Passcode: 9923085#

Ed Karl, AICPA Vice President, Taxation

Jeff Porter, Chair, AICPA Tax Executive Committee

Melissa Labant, AICPA Director, Tax Advocacy

Dozens of temporary tax provisions are scheduled to expire at the end of 2013 under current law – for individuals, businesses, the charitable sector, energy, community assistance and disaster relief – and the Internal Revenue Service has already announced that the tax filing season will be delayed by one to two weeks. 

Among the individual provisions scheduled to expire on December 31 are deductions for teachers’ out-of-pocket expenses, state and local general sales taxes, qualified tuition, and related expenses and mortgage insurance premiums.  On the business side, under current law, the R&D tax credit, the work opportunity tax credit, the active financing exceptions under Subpart F, and increased expensing and bonus depreciation allowances will not be available for taxpayers effective January 1, 2014.

Join AICPA tax experts for a look at the expiring provisions, a discussion of the prospects for their extension and what the outlook is for the 2014 tax filing season.

Media representatives who would like to attend the briefing should RSVP to Shirley Twillman at or 202.434.9220.


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