Tax extenders

Businesses eager to see Congress revive expired research and investment tax breaks have reason for optimism that a deal could come together as soon as this month.

Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.

Last month's COVID-19 relief bill has accountants recommending some deductions to clients, and wondering about the applicability of others.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

The agency has reprogrammed its systems to process three benefits most likely to be claimed on returns this season.

A look at the new opportunities and restrictions that emerged over the course of the year, with an eye toward what clients can do before Dec. 31.