Congress passed a law earlier this month with a grab bag of provisions that provide tax relief to businesses and employers, including an extension of more than 30 provisions.
Five Tax Break Highlights to Know for 2020

Congress passed a law earlier this month with a grab bag of provisions that provide tax relief to businesses and employers, including an extension of more than 30 provisions.
The “kiddie tax” is far from child’s play. And a change made by the Tax Cuts and Jobs Act (TCJA) puts some adult teeth into the tax.
Don’t let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still have time to execute a few strategies.
When investing for retirement or other long-term goals, people usually prefer tax-advantaged accounts, but it may make more sense to hold other investments in taxable accounts.
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2020.
Business owners may think that, if they repair a piece of tangible property, they’ll qualify for an immediate tax deduction. But the IRS may define that “repair” as an “improvement,” …
Your business may want to show its gratitude to employees and customers by giving them holiday gifts or hosting parties. It’s a good idea to understand the tax rules associated …