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Justices Reject States’ Appeal Over Cap on Tax Deductibility
April 18, 2022: “WASHINGTON (AP) — The Supreme Court on Monday rejected a challenge from New York, New Jersey, Connecticut and Maryland to the 2017 tax law that capped federal tax deductions for state ...
Tax Season Adds Pressure to Small Businesses Already Stung by Inflation & Labor Shortages
Mon, April 18, 2022: “Running a small business has never been easy, but this year the stress has been ratcheted up to levels not seen since the Great Recession. The combination of COVID-19, high ...
Biden’s Labor Department Has Big Worries About Crypto In 401(k)s
The U.S. Department of Labor came out this week with an unusually strong warning about cryptocurrencies pushing their way into 401(k) retirement accounts. Over the last few months, some financial institutions have started marketing ...
The congressional spending bill battle had a not-so-great message for small businesses
Most small business owners on Main Street say they support more financial relief from the federal government, but the resolution of the battle in Congress last week over the spending bill for the federal ...
Cash-rich states create ‘competitive environment’ with flurry of tax cuts
There’s been a wave of state tax cuts spurred by budget surpluses, and more breaks may be on the way, according to policy experts. Some 29 states and the District of Columbia enacted “significant” ...
