News & Insights

Senate Finance Committee Chair Ron Wyden, D-Ore., on September 10 unveiled a discussion draft of legislation that would significantly change the way passthrough entities, primarily partnerships, are taxed. Wyden made […]

In an effort to stimulate spending in an industry that was largely affected by the COVID pandemic, the Consolidated Appropriations Act introduced a 100-percent deduction for business meals purchased at […]

The cost of rent has become more burdensome for some renters. According to a study by Center on Budget and Policy Priorities, during the last 20 years, rent has increased […]

On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases and tax cuts, which will undergo a round of markups […]

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications related to this life event. […]