Film/TV Tax Expense Relief in Extenders Bill

Congress may show some bi-partisanship in the lame duck session between now and the holidays by passing the Tax Extenders Act of 2013 that will give businesses a number of tax breaks that expired in 2013, including but not limited to:

  • the Sec. 181 deductions for film and tv expenses,
  • tax credits for research, employment and new markets,
  • the temporary exclusion of 100 percent of gain on certain small business stock,
  • reduction in S-corporation recognition period for built-in gains tax and
  • certain energy tax credits.

See the Senate bill:

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
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