Reminder: 3rd Quarter Estimated Tax Payments are Due Wednesday (September 15)

On August 8, the Internal Revenue Service issued much-anticipated proposed regulations (REG- 107892-18) (“Proposed Regulations”) concerning the deduction for qualified business income under Section 199A of the Internal Revenue Code (“IRC”), recently enacted as part ...

Question: Are Business-Related Meals and Entertainment Still Deductible? Answer: Fifty percent of all costs of reasonable business-related meals are deductible. Some exceptions exist. Except for limited situations and categories of expenses, entertainment costs are not deductible. After reviewing early ...

On Friday, November 5, 2021, the House of Representatives passed H.R.3684, a $1 Trillion bipartisan “Infrastructure Investment and Jobs Act”. The Senate had passed the same version of the bill on August 10, 2021 and ...

We’ve written extensively about the Paycheck Protection Program (“PPP”) enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (“CARES” Act). You can find our PPP observations and explanations on the COVID-19 Resources ...