In general, the value of statutory fringe benefits paid to employees is exempt from federal income tax. But special rules apply to S corporation shareholders wh...
Tax Breaks for Green Manufacturers Are Expanded
Apr 14, 2021In recent years, lucrative tax breaks for energy-efficient investments have enticed many manufacturers to “go green.” At the end of 2020, the Consol...
CAA Offers Tax Breaks for Manufacturers
Feb 04, 2021The Consolidated Appropriations Act (CAA) — the massive spending package passed in December 2020 — includes many tax breaks designed to help businesses that...
Energy-Related Tax Breaks Are Extended in the New Law
Jan 07, 2021The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks. Before the Consolid...
Tax Breaks for Home Improvements
Jul 19, 2019Are you planning to make substantial renovations to your home? You may be adding a deck or patio, finishing a basement or attic or installing a pool. Despite so...