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Business Ownership Tax Credits

Bradley Arant Boult Cummings LLP

Blazing Trails: Exploring ESOPs in the Cannabis Industry

The budding cannabis industry, despite its rapid growth and gradual acceptance in recent years, still faces a major sustainability challenge: Cannabis businesses cannot deduct most ordinary business expenses. Under Internal...more

McDermott Will & Emery

Weekly IRS Roundup August 8 – 12, 2022

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of August 8, 2022...more

Fisher Phillips

Tax Reform Law Includes Paid Leave, Sexual Harassment Settlement Provisions

Fisher Phillips on

The Tax Cuts and Jobs Act (H.R. 1), passed by Congress on December 20 and expected to be signed into law by President Trump in the coming days, contains several provisions that will directly impact employers and workplace...more

McDermott Will & Emery

Tax Breaks in the New Hurricane Legislation for Employers and Taxpayers

McDermott Will & Emery on

The Disaster Tax Relief and Airport and Airway Extension Act of 2017 provides a new favorable tax credit for eligible employers affected by recent hurricanes, as well as expanded charitable deductions and tax credits for...more

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