News and Highlights

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Category: Tax Law

The recent 2020 stimulus legislation enacted by Congress was signed into law by President Trump in Dec. 2020. Among other things, it changed a provision relating to the deductibility of business meals. Under this change, business meals provided by restaurants…
Families First Coronavirus Response Act (Act), signed by President Trump on March 18, 2020. Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost…
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