In a rare show of bipartisanship, the two leaders of the Senate Finance Committee have filed critical legislation to renew dozens of expired tax breaks. The tax provisions that Senate Finance Committee Chairman Charles Grassley (R-IA) and ranking member Ron Wyden (D-OR) seek to renew expired at the end of 2017 in most cases while…
Read More »Unfortunately, the lame duck 115th Congress will expire without correcting errors in the Tax Cuts and Jobs Act of 2017 (TCJA) that directly impact small businesses across the nation. The TCJA as passed last December did not extend accelerated depreciation and although there was a whole year to correct the oversight, the rancorous partisanship in…
Read More »It may have been a few months coming, but the republican controlled Congress has finally given President Trump a significant legislative victory with this week’s passage of the Tax Cuts & Jobs Act, sending the legislation to the White House just in time for Christmas. The pundits on both sides have had plenty to say…
Read More »Although it hasn’t made it to the President’s desk just yet, an important tax relief & spending authorization deal appears to have been reached in Congress this week and seemingly contains a few small but important Christmas gifts for small business if the deal holds and the bills signed into law by the President. Three…
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