Stimulus bill

The Consolidated Appropriations Act includes a surprising number of tax provisions, many of which had not been widely publicized until the final bill was up for a vote.

The provision could amount to $120 billion in write-offs.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.

The Institute's Q4 Economic Outlook Survey also found that nearly one-quarter of respondents believe an economic stimulus must come within the next month or two to be effective.

An excise tax cut for brewers, wine makers and distillers has bipartisan support.