Skip to content
Tax Highlighter

Possible Discussion in Congress Over “Tax Extenders”

October 25, 2022

Will the fate of the so-called “tax extenders” be addressed in Congress this year? It’s unclear at this time. The extenders could be part of an omnibus bill, expected in December. According to a recent Congressional Research Service (CRS) report, 40 temporary tax provisions expired in 2021 and others are set to expire in or after 2022. Congress may also want to consider some nontraditional options for tax policies. Some expired energy tax provisions have already been extended by the Inflation Reduction Act. Others that expired in 2021 were enacted because of the pandemic and “subsequent economic recession,” CRS said. Click here to read the full report.

Posted October 25, 2022


Meet the Expert

Chris Powers, CPA

Chris helps her clients confidently navigate tricky tax laws and complex regulatory challenges.

Contact via email
Connect on LinkedIn

Looking for more?

Find more insights & resources

Discover More

2023 Inflation Adjustments Released

The IRS has just released its 2023 inflation adjustments for...

TCJA Permanency Act Introduced

Rep. Vern Buchanan has introduced legislation to make permanent certain...

Scroll To Top