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Final Net Investment Income, Additional Medicare Tax Regulations2013 Year-End Tax PlanningIRS Releases Comprehensive Repair/Capitalization Final Regulations
IRS releases the 2014 Social Security wage base and cost of living adjustments
The IRS recently issued a long list of cost of living adjustments (COLAs) for various Tax Code provisions in 2014 that are dependent upon the CPI-U index average from September 2012 through August ...
Depreciation limits for vehicles placed in service in 2014 projected
Working with the "new cars" and "new trucks" components of the October 2013 Consumer Price Index, CCH tax publishers have projected the depreciation limits for automobiles first put into use during...
Litigation over challenge to Code Sec. 36B premium assistance tax credit grinds on
A federal district court has refused to dismiss a lawsuit challenging the application of the Code Sec. 36B premium assistance tax credit to individuals who purchase insurance through a Marketplace ...
Right to manufacturing deduction subject to benefits and burdens test
Businesses engaged in manufacturing qualified property in the United States can claim the domestic production activities deduction (DPAD) under Code Sec. 199. The deduction can be quite valuable; i...
Residential energy credits available for installing energy efficient property
Several provisions in the Tax Code exist to encourage and reward taxpayers who make qualified energy efficiency improvements to residential property. These are the nonbusiness energy property credi...