Temporary Highway Funding Law Contains Multiple Provisions Impacting Tax Filings

You've probably heard that Congress passed a short-term bill to keep the nation’s highway trust fund on life support through October of this year.  The House passed H.R. 3236 by a vote of 385-34 on Wednesday and the Senate passed the bill by a vote of 91-4 yesterday. The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 became law when President Obama signed it on July 31, 2015.

What you may not have heard is that this new law contains several tax provisions that will significantly impact tax practitioners. Check out our aricle on TaxPlace providing a summary of these new revenue provisions.