Daily Tax Update - April 28, 2014: Joint Tax Releases Revised

JOINT TAX RELEASES REVISED REVENUE ESTIMATES FOR EXTENDERS MARKUP:  The Joint Committee on Taxation has released the estimated Federal fiscal year budget effects of the tax extenders to be considered on April 29.  The House Ways and Means Committee will mark up a package of six provisions including the research and development credit, small business expensing, active financing exception, CFC look-through, and two S-corp provisions.

The document can be accessed via:

https://www.jct.gov/publications.html