Tax Blog
Tips to help you prepare for tax season
Answering Four Questions About How Neutral Cost Recovery Works in Practice
Tax Policy - Answering Four Questions About How Neutral Cost Recovery Works in Practice Lawmakers can improve the cost recovery treatment of capital investment by allowing full expensing or by approximating full expensing by adjusting depreciation deductions to...
States Should Conform to These Four CARES Act Provisions to Enhance Business Liquidity
Tax Policy - States Should Conform to These Four CARES Act Provisions to Enhance Business Liquidity The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, is providing critical relief to individuals and businesses that have...
What the Internet Can Teach Us About Capital Investment, Infrastructure, and Tax Policy
Tax Policy - What the Internet Can Teach Us About Capital Investment, Infrastructure, and Tax Policy The lockdowns imposed in response to the COVID-19 pandemic induced an increase in demand for broadband internet, as work from home and other social distancing...
Treasury Updates PPP Regulations
Before the ink dried on the latest COVID-relief legislation, tax pros and small business owners alike had questions about the Paycheck Protection Program Flexibility Act. Despite being designed to expand access to the PPP loan, the bill included a change that seemed to eliminate partial loan forgiveness.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Mail Backup Leads to Extended Payment Dates
An unforeseen consequence of the COVID-19 pandemic is pushing the IRS due date for some payments back a bit.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Weighing the Benefits of Permitting Business Credit Cashouts in Phase 4 Economic Relief
Tax Policy - Weighing the Benefits of Permitting Business Credit Cashouts in Phase 4 Economic Relief As policymakers explore options for additional business tax relief in “Phase 4” of coronavirus relief legislation, one idea that has received renewed attention...
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