Can you benefit from the Inflation Reduction Act’s expansion of two tax incentives for energy-efficient construction of commercial and residential buildings? These are the Sec. 179D deduction and the Sec. 45L credit.
Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.
Fresh IRS guidance is available for employers claiming the Employee Retention Credit in the third and fourth quarters of 2021.
If you received a PPP loan, important forgiveness deadlines are approaching. Are you ready?
On the road again for business? Here’s a rundown of costs you can deduct for business travel.
The American Rescue Plan Act of 2021 was signed into law on March 11, 2021. We’ve gathered highlights of noteworthy ARPA provisions for businesses and individuals.
Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest on the popular loan program.
The latest COVID-19-related stimulus bill, the American Rescue Plan Act, has now passed. How can you benefit?
In order to claim a charitable deduction on your tax return of $250 or more, you need a written acknowledgment from the charity. What if you haven’t received one yet for a charitable donation you made in 2020?
Learn about the recent tax law changes affecting the employer retention tax credit, potential benefits, and more
Lawmakers seek to tweak an existing business deduction to boost the restaurant industry’s bottom line and put thousands back to work.
On December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA, 2021) was signed into law by the President. The CAA, 2021 is the fourth major relief legislation enacted in response to the coronavirus pandemic. Some of the provisions grant retroactive relief to 2020.