Proposed Build Back Better Act contains key tax provisions
On September 15, the House Ways and Means Committee voted to approve the tax provisions to be included in the Build Back Better Act. Our experts outline the key tax provisions to watch.
Don’t let real estate accounting curb your portfolio growthEfficient accounting is crucial to your business whether you’re a property manager, real estate developer, or investor. But large, fluctuating real estate portfolios can easily overwhelm accounting staff. Thinking about outsourced accounting? Ask yourself these questions.
Illinois enacts potential solution to SALT limitation for pass-through entity owners
Illinois Governor Pritzker signed Senate Bill 2531 into law, enacting a pass-through entity tax election for partnerships and S corporations that could allow individuals to increase their federal deduction for state taxes and bypass the $10,000 TCJA limitation.
Retail sales beat expectations, rising moderately in AugustThe August retail sales report might have been a nice surprise, but it comes with a notable asterisk. Retailers benefited from an unexpected pickup in sales, but much of that gain was explained by negative revisions to July sales data.
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