by DunlapSLK | Sep 15, 2022 | Resources For Employers, Uncategorized
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The amount of first-year depreciation available as a so-called bonus will begin to drop from 100% after 2022, and...
by DunlapSLK | Sep 2, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
A recently announced federal relief program will provide more than $1.2 billion in tax refunds or credits. Specifically, IRS Notice 2022-36 extends penalty relief to both individuals and businesses who missed the filing deadlines for certain 2019 and/or 2020 tax and...