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Tax breaks to bank on

The Tax Increase Prevention Act of 2014 extends temporary tax incentives for another year; what will it do for your tax bill?
By Mark E. Battersby
Published: February 13, 2015
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The U.S. Congress passed, and President Barack Obama signed into law, the Tax Increase Prevention Act of 2014, which retroactively extended for one year some 54 expired tax breaks. The "tax extenders" allow you to claim several popular but temporary tax incentives on 2014 tax returns filed in 2015.
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