Senate Finance Committee Build Back Better language largely leaves House Bill unchanged. SALT language omitted as well as billionaires’ tax.
IRS postpones certain filing, payment and other deadlines for taxpayers affected by Tennessee storms, wind, tornadoes, and flooding.
The Relief Act made changes on how the Employee Retention Tax Credit works during the first two quarters of 2021.
Notice 2021-20 clarifies retroactive changes made to ERTC and PPP interaction and incorporates several previous frequently asked questions.
Tennessee district court holds credit against fuel excise taxes, reduces excise tax liability and must be deducted from production costs.
The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.
Industry backed legislation passed by Congress to make permanent excise tax rate reductions for craft beer, wine, and distilled spirits.
Last minute negotiations pave way for Congress to pass second major COVID-19 stimulus package with tax law changes and tax extenders.
The IRS has developed new guidance for processing interest bearing fuel claims, including one-time claims for alternative fuel credits.
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.
The final regulations issued by the IRS provide guidance for meal and entertainment deductions under section 274.
If your company owns or leases energy-efficient commercial buildings, you may be eligible for a deduction for associated property costs.