Tag: federal taxes

Tax Code, Regulations and Guidance

Biden’s Tax Pledge Limits Options for Infrastructure Deal

June 23, 2021

Via: The Wall Street Journal

President Biden’s pledge not to raise taxes on households making under $400,000 helped get him elected and shaped an administration tax plan aimed at corporations and high-income households. Now, that pledge is narrowing the path toward a bipartisan deal on […]

Tax Code, Regulations and Guidance

Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits

April 5, 2021

Via: Entrepreneur

As many as 55 of the U.S.’ largest corporations did not pay any federal taxes on their 2020 profits, according to the Institute on Tax and Economic Policy (ITEP). The companies, which include Con Edison, Dish Network, FedEx, HP, Nike […]

Tax Code, Regulations and Guidance

Cannabis Companies Generously Support Their Communities But Don’t Get to Deduct It From Their Taxes

November 13, 2018

Via: Entrepreneur

As we come into the home stretch of 2018, the cannabis industry is thinking about big important things. You know… MJBizCon in Las Vegas, the upcoming holidays, end-of-year tax planning. Rest assured, the last group is smallest by far. But […]