From NTRA WASHINGTON, D.C. (Feb. 2, 2012) -- The Congressional conference committee assigned to consider a longer term extension of the payroll-tax deduction through 2012 met again on Wednesday, February 1. At stake is whether the temporary two-month extension Congress passed last December that expires February 29 will continue through the remainder of the year. The committee also may discuss recent updates to the small business tax incentives enjoyed by the horse racing industry. Each incentive listed below changed from its 2011 level on January 1, 2012.
