Taxpayers have an opportunity to utilize net operating losses (NOLs) generated on their personal and corporate tax returns generated in tax year 2023 by carrying forward […]
Medical expenses can trim taxes. Keeping good records and knowing what to deduct make all the difference. Taxpayers can only claim medical expenses that they paid […]
Consolidated Appropriations Act, 2021 Under the Consolidated Appropriations Act, 2021, a pension plan will not fail to meet qualification requirements solely because it provides for a […]
Rental Property as Qualified Business Income If you operate a rental real estate business, you may qualify to claim the business income deduction under Section 199A […]
Kiddie Tax Taxpayers with dependents who have unearned income during the year might want to consider some year-end tax planning strategies to reduce their overall tax […]
Tax Benefits of Cost Segregation Business and individual taxpayers that acquire nonresidential real property or residential rental property have an opportunity to reduce the depreciable lives […]
Employer Tax Credit for Paid Family & Medical Leave The Consolidated Appropriations Act, 2021 extends the employer credit for paid family and medical leave through December […]
Rental Real Estate Landlords should be aware that keeping accurate accounting records is just as important as collecting the rent on time each month. If a […]
One Hundred Sixteenth Congress
of the United States of America
AT THE SECOND SESSION - Begun and held at the City of Washington on Friday, the third day of January, two thousand and twenty
One Hundred Sixteenth Congress
of the
United States of America
AT THE SECOND SESSION - Begun and held at the City of Washington on Friday, the third day of January, two thousand and twenty.