Author
Aug 15, 2022
Article

Inside the Inflation Reduction Act of 2022: Key Provisions That Could Impact Your Taxes

On Friday, Aug. 12, the U.S. House of Representatives voted to pass the Inflation Reduction Act, after being passed by the Senate earlier this month. The bill is much smaller in size than what was proposed under the Build Back Better plan, but still includes some significant tax law changes. The bill includes tax law changes to raise revenue for the government, along with some tax deductions and credit changes. It also includes a provision for $80 billion in additional funding for the IRS.
Author
Feb 23, 2022
Blog

Important Update: New Requirements for Partnerships & S Corporations

On January 18, 2022, the IRS issued important updates to the instructions related to filing the new Schedules K-2 and K-3 for tax year 2021 for partnerships and S corporations.
Author
Nov 15, 2021
Article

President Biden Signs $1.2 Trillion Bipartisan Infrastructure Bill

Learn more about the $1.2 trillion bipartisan infrastructure bill recently signed by President Biden.