With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to…
Maximize Your Tax Savings: Mastering Depreciation Rules for Business Vehicles
Are you utilizing a car for your business operations? Understanding the complex tax depreciation deductions for vehicles, including a wide…
House Releases Rewrite of Build Back Better Tax Proposals
A version of H.R. 5376 (the Build Back Better Act), released on October 28, 2021 by the House Budget Committee, eliminates many…
House Ways and Means Committee Releases Initial Tax Proposals
On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases…
Should You Change Your Accounting Method for 2021?
As Congress grapples with tax proposals and the pandemic continues to create uncertainty for businesses, corporations and pass-through entities can…