Perspective
Dec. 31, 2015
What lawyers should know about the PATH Act.
There is something for everyone in this massive and surprising tax law. By Robert W. Wood
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
After years of deadlock, the PATH Act - Protecting Americans from Tax Hikes - seemed to slide easily through Congress and was signed by President Barack Obama. There is something for everyone in this massive and surprising tax law. The bill contains a number of tax breaks for low income earners and businesses.
And while high income earners may feel left out, the business incentives in the law are hu...
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