News & Analysis as of

Deductible Expenses Tax Planning

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part X – One Hundred Percent Expensing Lives On

Foster Garvey PC on

In this last installment of our multi-part series on the One Big Beautiful Bill Act (the “OBBBA”), my colleague, George Bonini, and I discuss three provisions of the OBBBA that impact many businesses, particularly those in...more

Ervin Cohen & Jessup LLP

2025 IRS Mileage Rates Have Been Announced

The 2025 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes have increased or remained unchanged from 2024, when rates were last modified....more

Strafford

[Webinar] Tax Considerations for Foreign Rental Property: Holding Structures, Reporting Rental Income and Expenses, FTCs - March...

Strafford on

This course will discuss the considerations and caveats of U.S. residents owning foreign rental property. Our seasoned panel of international tax experts will explore U.S. and foreign holding structures, residential and...more

Thompson Coburn LLP

Key tax provisions of the proposed HEALS Act

Thompson Coburn LLP on

Four months after the passage of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), Senate republicans recently introduced the Health, Economic Assistance, Liability Protection and Schools Act (“HEALS Act”)...more

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