As everyone knows, Congress has passed the buck on getting various tax extenders for 2014 until the last possible moment.  Possibly 1 out of 6 taxpayers may be affected by these sunseting provisions not being passed.  See this posting in Accounting Today by Michael Cohn for the scoop on the potential tax increases by various extenders not being renewed:

http://www.accountingtoday.com/news/tax-research/1-in-6-taxpayers-in-danger-of-losing-tax-breaks-72836-1.html

The funny part is that many of these extenders effect lower to middle income taxpayers a lot.  The education supplies deduction for teachers, people in states without income tax who can no longer deduct sales tax, people with private mortgage insurance on their home mortgages are some of the people who will pay more taxes if the extenders are not renewed.  Come on Congress, get on the job and get these breaks passed.

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