--- title: Protecting Americans from Tax Hikes Act of 2015 description: The Act includes provisions for both individuals and businesses, and does considerably more than the typical tax extenders legislation seen in prior years. --- [Family of Services](http://machenmcchesney.com/about-us/family-of-companies/)  |  [CPA & Business Advisory](http://machenmcchesney.com)  |  [Payroll, HR & Benefits](http://focuspaysolutions.com/)  |  [Wealth Management](http://machenmcchesney.com/services/financial-planning-and-wealth-mangement-services/) Auburn-Opelika (334) 887-7022 | Montgomery (334) 244-8900 [![mm-cobrand-fd-blues](https://info.machen.cpa/hs-fs/hubfs/mm-cobrand-fd-blues.png?width=279&height=100&name=mm-cobrand-fd-blues.png)](http://machenmcchesney.com) Search this site on Google Search Google Search this site on Google Search Google - [Client Portal](https://machenmcchesney.sharefile.com/Authentication/Login) - [1040 Electronic Organizer](https://www.my1040data.com/account/login/HT7902990) - 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President Obama signed the Act and a FY 2016 omnibus on December 18. The Act includes provisions for both individuals and businesses, and does considerably more than the typical tax extenders legislation seen in prior years. It makes permanent over 20 key tax provisions, including the research tax credit, enhanced Code Sec. 179 expensing and the American Opportunity Tax Credit. It also extends other provisions, including bonus depreciation, for five years; and revives many others for two years. In addition, many extenders have been enhanced. Further, the Act imposes a two-year moratorium on the ACA medical device excise tax. [Click here for more complete details on this tax extender package.](https://info.machen.cpa/hubfs/December2015_Protecting-Americans-from-Tax-Hikes-Act-2015.pdf) ***Looking for more information on [year-end tax planning](http://machenmcchesney.com/services/taxation/) and how these extensions affect you as a business and/or an individual? 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