Court Halts BOI Reporting Requirements for All Businesses
The IRS’s detailed review of ERC claims uncovers significant risks, leading to a continued moratorium, slow processing of lower-risk claims, and a call for filers…
This week, President Biden signed into law the Infrastructure Investment and Jobs Act. The $1.2 trillion bill provides over $500 billion in new spending for physical infrastructure such as roads, bridges, rail, airports, power grids, and internet access, among other things.
Unlike the larger Build Back Better bill that is still under consideration in Congress, the Infrastructure Investment and Jobs Act does not contain tax provisions that alter income tax rates, deductions or credits.
Nonetheless, there are a couple of provisions that we want to make you aware of:
We are here to help you sort through the ever changing tax legislation and expect to send out a communication once the Build Back Better bill is signed into law. In the meantime, don’t hesitate to reach out to discuss your personal situation.
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The IRS’s detailed review of ERC claims uncovers significant risks, leading to a continued moratorium, slow processing of lower-risk claims, and a call for filers…
A tax planning guide for individual income tax planning and family tax planning strategies at 2024 year-end moving into 2025.
A U.S. federal tax planning guide for businesses for tax year 2024, including M&A tax planning and ASC 740 tax planning strategies.
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