According to independent analysts and the U.S. Department of the Treasury, the U.S. federal government will reach its statutory debt limit, which is the cap on its borrowing authority, in early June. If Congress does […] Read More
According to independent analysts and the U.S. Department of the Treasury, the U.S. federal government will reach its statutory debt limit, which is the cap on its borrowing authority, in early June. If Congress does […] Read More
The state of Iowa has enacted a tax provision for pass-through entities that will allow a partner or shareholder to claim a credit against the individual income and franchise taxes paid. As Reuters explained, the […] Read More
As Connecting the Dots explained late last year, a provision that went into effect at the beginning of 2022 means businesses now can only amortize or deduct research and development (R&D) expenses over a period […] Read More
Lawmakers in the U.S. House of Representatives voted 217-215 last Wednesday, April 26 to approve Speaker Kevin McCarthy’s (R-Calif.) bill to raise the federal debt limit, reduce federal spending, and enact infrastructure permitting and regulatory […] Read More
As Connecting the Dots reported last week, at the beginning of 2022, a stricter limit on the deductibility of the interest payments on business loans went into effect, which increased the cost of financing critical investments […] Read More