Last week, Sen. Steve Daines (R-Mont.) introduced S. 1149, the Main Street Tax Certainty Act of 2019, which would make permanent the Section 199A 20 percent qualified business income deduction that was passed as part […] Read More
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According to the National Association of Manufacturers (NAM), it’s possible that it will soon get much more expensive for manufacturers to finance equipment purchases. That’s because recently proposed U.S. Treasury Department regulations, if finalized without […] Read More
The S-Corp Association, which, along with the Metals Service Center Institute, supports parity in the federal tax code for businesses that pay taxes through both the corporate and individual tax system, recently released a memo […] Read More
The Metals Service Center Institute (MSCI) last week joined with nearly 600 other organizations, including the AFL-CIO, the United Steelworkers, the U.S. Chamber of Commerce, and the National Association of Manufacturers to send a letter […] Read More
Where does your state fall in terms of corporate income taxes? The nonpartisan, nonprofit Tax Foundation has the answer. According to a new report, the states with the top corporate rates are: Iowa (12 percent); […] Read More