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New COVID Relief Package Makes the §179D Deduction Permanent

After months of deliberation, Congress passed a sweeping new $900 billion COVID relief bill on December 21. The bill, officially called the Consolidated Appropriations Act 2021, H.R. 133, was signed into law by President Trump on December 27, thereby enacting numerous measures designed to provide financial assistance for individuals and businesses impacted by the ongoing [...]

By |2020-12-30T10:25:15-07:00December 30th, 2020|179D, Commercial Buildings, News|Comments Off on New COVID Relief Package Makes the §179D Deduction Permanent
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Tax Season is Just Around the Corner—Don’t Miss These Steps to Maximize Tax Savings for Your Business

For countless businesses, the significant disruptions stemming from the COVID-19 pandemic have caused unprecedented financial challenges this year. Therefore, as 2020 comes to an end and businesses start preparing for tax season, it is crucial to seek opportunities to minimize taxes. The right tax strategy can help businesses save money and boost cash flow, thereby [...]

By |2020-12-07T05:56:12-07:00December 4th, 2020|Tax Tips|Comments Off on Tax Season is Just Around the Corner—Don’t Miss These Steps to Maximize Tax Savings for Your Business
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