Search
Tax Alert: House of Representatives Votes to Raise SALT Deduction Cap

(Nov. 22, 2021) On Friday, the House of Representatives voted 220-213 to pass President Joe Biden’s Build Back Better infrastructure bill, which included a provision to raise ...

When can you deduct business-related meals . . . and how much can you deduct?

The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017. For example, you can no longer d...

R&D Credit Changes Mean Major Impact on the Deductibility of Payroll Costs

Barring swift action from Congress, capitalization rules will be applied to research and development (R&D) costs beginning in January 2022. This means R&D and software...