Despite strong bi-partisan support for the delay or eradication of the amortization of 174 expenditures, Congress failed to act prior to the end of the year, and the changes took effect as scheduled. As it stands now, taxpayers will no longer be able to immediately deduct R&E expenditures and will be required to amortize and capitalize them over a five-year period.
The 2021 tax filing season is upon us and officially opens up for business on January 24th, 2022, which means […]
Biden’s nearly $2 trillion social-spending and tax bill eponymously titled the “Build Back Better Bill”, passed the House in November […]
After months of gridlocked negotiations in Congress and last-minute turmoil, the latest $900 billion pandemic aid and government funding bill was […]
As a self-employed individual, taxes tend to be a constant focal point throughout the year as far as your finances […]
Former Vice President Joe Biden secured the presidency in one of the most harrowing, divisive, and unprecedented elections in history. […]
In building strong investment portfolios, a critical component is “diversification.” By diversifying, you spread your investments across different asset classes in order […]
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