A year-end governmentwide spending bill includes the extensions of almost all of the tax “extenders.” It also introduces the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the first major retirement-related legislation since 2006.
Do you or your employees deduct transportation expenses for operating an automobile for business purposes? If so, learn about recent IRS guidance on optional standard mileage rates.
Final IRS regulations (along with additional proposed regs) for the first-year 100% bonus depreciation deduction have been published. Do you know how they might affect your business’s tax bill?
The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to provide retirement plans to their employees. According to the DOL, the rule will enable more…
The Taxpayer First Act is a wide-ranging IRS reform bill that also includes various other provisions that protect taxpayers’ rights. Here are the details.