by DunlapSLK | Jan 28, 2023 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
The Consolidated Appropriations Act of 2023 includes two important new laws that could affect your financial planning: the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act (also known as SECURE 2.0) and the Conservation Easement Program Integrity...
by DunlapSLK | Jan 28, 2023 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
To help you make sure you don’t miss any important 2023 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know if you have any questions about the deadlines or would like...
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...
by DunlapSLK | Aug 25, 2022 | Resources For Employers, Resources For Individual Taxpayers, Uncategorized
On August 16, 2022 the Inflation Reduction Act (IRA) was signed into law. The IRA includes significant provisions related to climate change, health care, and, of course, taxes. Although the IRA falls far short of Biden’s originally proposed $2 trillion Build Back...
by DunlapSLK | Aug 24, 2022 | Resources For Employers, Uncategorized
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently signed into law as part of the CHIPS and Science Act of 2022. Among other things, the $52 billion package provides generous tax incentives to increase domestic...
