Tax Provisions Expiring after 2013:
- Above-the-line deduction for certain expenses of elementary and secondary school teachers.
- Deduction for state and local sales taxes.
- Above-the-line deduction for qualified tuition and related expenses.
- Deduction for mortgage insurance as qualified interest.
- Research and experimentation tax credit.
- Work opportunity tax credit.
- Increase in expensing to $500k/$2M and expansion of definition of $179 property.
- 15-year straight-line cost recovery for qualified leasehold, restaurant and retail improvements.
Mon, December 30, 2013