Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws, the Build Back Better Act (BBBA) and the Bipartisan Infrastructure Bill (BIB), also known as the Infrastru...

Many manufacturers are eligible for tax write-offs for certain equipment purchases and building improvements. These write-offs can do wonders for a manufacturer’s cash flow, but whether to claim them isn’t always an easy decision. In some cases, ...

The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the nature of operations and geographic location. Has your organization factored the effects of the pandemic into ...

For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of companies in diminished revenue and serious staffing shortages. In response, the Small Business Administration (...

Doeren Mayhew’s state and local tax (SALT) advisors highlight trending SALT topics from across the nation to keep your business up-to-date. Check out these popular updates from the past month and how they may impact your business: State Individual ...

In Revenue Procedure 2021-36, the Internal Revenue Service (IRS) recently announced an important indexing adjustment related to the Affordable Care Act (ACA). Now is a good time to review whether your organization is an applicable large employer (ALE...

On Sept. 13, 2021, the House Ways and Means Committee issued a draft bill containing proposed tax provisions of a larger budget reconciliation bill in which Democrats aim to pass in the coming weeks. The announcement came with a description provided ...

The Internal Revenue Service (IRS) recently issued its annual update of per-diem rates for individuals incurring expenses while traveling away from home for business. The new notice specifically concerns special per-diem rates, including the: Transpo...