Business Interest Expense Limitations Relaxed by CARES Act
The CARES Act temporarily relaxes the limitation on deductions for business interest expense. Here’s the story.
Author: Andrew Litchford
Posts by Andrew Litchford
Just How Far Reaching is the Economic Nexus Doctrine Permitted Under Wayfair?
More states are modifying their nexus doctrines to embrace the concept of economic presence for both sales and income taxes.
How to Deduct the Software Costs of your Business
If you buy, lease or develop computer software, you should be aware of the complex rules that apply to determine the tax treatment of these expenses.
2020 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2020.
3 Year-End Tax Planning Tips
As the year draws to a close, year-end tax planning may be more important than ever before. Here are three strategies to consider.
Wayfair and the Future of Sales Tax Laws
In 2018, the United States Supreme Court issued a ruling that transformed the landscape of sales tax laws in this country.
Payroll Tax Deferral Guidance Released
Guidance on the Presidential Memorandum related to the payroll tax deferral was released late Friday. Here are the key points.
5 Key Points About Bonus Depreciation
You’re probably aware of the 100% bonus depreciation tax break. Here are five key points to be aware of when it comes to this powerful tax-saving tool.
Excess Business Loss Limits Change with CARES Act
The CARES Act made changes to excess business losses, including some changes that are retroactive and some that may create opportunities to file an amended return.
Nexus Basics and How the Wayfair Supreme Court Case Changed Everything
Nexus as a tax concept is nothing new, but it has wrestled its way into our mainstream news outlets in recent years. At first, it was economic presence that topped the headlines, then click-through nexus and the Amazon Law took their turns.