News & Insights

Planning for Year-End Gifts with the Gift Tax Annual Exclusion

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As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly using the […]

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Senator Wyden Releases Far-Reaching Partnership Taxation Proposals

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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 […]

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Temporary 100% Business Meal Deduction Stimulates Restaurants, Provides Savings to Businesses

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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 […]

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Decent, Affordable, Safe Housing for All Act

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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 […]

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House Ways and Means Committee Releases Initial Tax Proposals

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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 […]

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