Pennsylvania Task Force Urges Tax Breaks for Flood Damage, Mitigation and Insurance July 8, 2024 By Andrew G. Simpson Pennsylvania lawmakers should consider granting homeowners tax breaks for water damage expenses, mitigation and repair costs, and flood insurance premiums,...
FBI Says Don’t Pay Ransom While Tax Advisors Say Payment May Be Tax Deductible June 21, 2021 By Alan Suderman and Marcy Gordon WASHINGTON — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the...
New Pass-Through Tax Guidance Now Expected by End of July July 12, 2018 By Laura Davison U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20...
Federal Debt Negotiators Eye Limiting Health Insurance Tax Break July 11, 2011 By David Morgan and Richard Cowan Limiting the tax break for employer-provided health insurance became a bargaining chip on Friday in congressional negotiations to beat an...