Tax breaks

Qualified small business stock may lose a lot of its value if congressional proposals go through.

The service has issued Notice 2021-52 with special per diem rates that take effect Oct. 1, 2021.

As a tax accountant, it is your job to help your clients track their payments online and receive the money as soon as possible.

The Biden administration’s tax proposals could have a negative impact on real estate investing.

The Internal Revenue Service is giving employers more leeway in claiming the Work Opportunity Tax Credit to hire people in underprivileged areas who face significant obstacles to employment for jobs in summer youth and community programs.

Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.

The bipartisan infrastructure bill would end a tax break Congress crafted to help businesses struggling during the pandemic but relatively few companies have claimed.

Two companies are teaming up to allow clients to buy mining machines through an IRA.

Two lawmakers in the House reintroduced bipartisan legislation Wednesday to change a provision in the Tax Cuts and Jobs Act that makes it difficult for performers to deduct business expenses.

The Senate Finance Committee chairman's legislation would streamline the 199A deduction for qualified business income, allowing accountants, lawyers, doctors and others to qualify, but phasing out above $400,000.