Tax breaks

Business Roundtable Chief Executive Officer Joshua Bolten on Wednesday flagged concerns that reviving the deduction for R&D will fall off of Congress's agenda later this year, despite it having bipartisan support.

Cost segregation studies and other methods can help businesses minimize their tax liabilities — and maximize their cash for potential economic difficulties ahead.

Existing and expired energy efficiency tax incentives for commercial and multifamily building owners, investors, developers and homebuilders have been expanded significantly under the act.

What are the possible advantages and what should business owners think about?

Sinema has expressed opposition to ending the carried-interest tax break used by private equity and hedge fund managers to lower their tax bills.

Earnings in these accounts aren’t taxed unless a distribution exceeds a designated beneficiary’s qualified disability expenses.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.

Sens. Ron Wyden and Rob Portman proposed bipartisan legislation to disallow foreign tax credits and other tax benefits for companies that pay taxes to Russia or Belarus.

The tax incentive is a controversial policy, one that has created bitter resentment among many on the crisis-ravaged island.

A key incentive is set to go away, sparking a rush by companies to lock down the tax breaks.

Musk is using a strategy favored by many billionaires — borrowing against highly appreciated stock to get cash without having to sell.

Florida Governor Ron DeSantis is keeping his hands off hundreds of millions of dollars in tax breaks recently lavished on the entertainment giant.

The House overwhelmingly passed legislation that would expand the tax benefits for retirement accounts to bolster the savings of Americans.

They are the latest target of probes into whether Opportunity Zones are driving investment and job creation in low-income communities.

Finance Committee chair Ron Wyden is developing policies that could remove some tax benefits available to Russian and Belarusian individuals and entities that earn income from the U.S.

The American Rescue Plan created some major changes to the dependent care tax breaks for 2021, and they will likely save your clients a considerable amount of money. Here’s a quick refresher.

A new bill would end the tax-exempt status for new sales of municipal bonds that finance professional sports stadiums.

These will offer tremendous tax-saving opportunities in the year ahead, but many people don’t take full advantage of them.

There may be a silver lining for crypto investors selling at huge losses during the recent market turmoil.