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Tags: Income Tax, IRS, Small Business
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Tags: Income Tax, IRS, Small Business
Taxes January 14, 2025
The proposed regulations address several SECURE 2.0 Act provisions, including ones aimed at the new Roth IRA catch-up rule and the new automatic enrollment requirement for 401(k) and 403(b) plans.
Taxes January 14, 2025
The Section 48E(h) program expands the 48(e) bonus credit and promotes cost-saving clean energy investments in low-income communities, on Indian land, or as part of affordable housing developments and aims to benefit low-income households.
Taxes January 14, 2025
The Clean Electricity Investment and Production Tax Credits—also known as the "technology-neutral credits"—are intended to encourage more investments in clean energy systems over the next few years.
Small Business January 14, 2025
Small businesses grew more slowly after the spike in interest rates if they had less access to credit. Those that were hit the hardest had up to 30% lower revenue and 4% lower employment growth compared to other small businesses.