by DunlapSLK | May 7, 2021 | Resources For Employers, Uncategorized
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 continues to apply for Sec. 274 purposes (Notice 2021-25). The Consolidated Appropriations...
by DunlapSLK | May 7, 2021 | Resources For Individual Taxpayers
President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an 18-page fact sheet released by the White House. The “American Families Plan” contains tax breaks for low- and middle-income taxpayers and tax increases on...