H.R. 5771, the Tax Increase Prevention Act of 2014, which includes the retroactive extension of a variety of expired tax provisions, has been passed by Congress (see earlier blog post for info) and is currently awaiting the President’s signature as of 12/19/14, 5:20pm CT. While it is anticipated that President Obama will indeed sign the bill, he has just left for holiday vacation and therefore a signature may be delayed. It is unclear if or how long this action will be delayed. Check back for updates.
In the meantime, Sharpe Group has some suggested donor language you can prepare now to send to your donors after the President signs the bill. Click here to see our eBlast with this information.