Latest News 

7

MAY

IRS Provides Guidance on Temporary 100% Expense Deduction for Meals

The IRS has released guidance explaining when the temporary 100% deduction for restaurant meals is available and when the 50% limitation on the deduction for food and beverages applies…
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7

MAY

President Biden Details His Tax Proposals for Individuals

The “American Families Plan” contains tax breaks for low- and middle-income taxpayers and tax increases on those “making over $400,000 per year.” Here’s a summary of some of the proposals…
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30

APR

SBA Restaurant Revitalization Fund Registration Portal Opens April 30

The recently passed American Rescue Plan Act (ARPA) established a $28.6 billion Restaurant Revitalization Fund (RRF) with the Small Business Administration (SBA)…
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