Top Tax Considerations for Businesses in 2022
The first quarter of 2022 has businesses still grappling with supply chain issues and worries about inflation, not to mention the COVID-19 pandemic that’s still affecting all aspects of our lives. These are not only business concerns but also tax planning challenges. Significant legislation developments have the potential to drive major tax planning challenges and opportunities. For one, lawmakers are hoping to include major tax initiatives in their legislative efforts. Even without legislation, tax laws are changing in significant ways. Past changes affecting revenue recognition, interest deductions, and research cost recovery are only now taking effect. Major global tax agreements will...
April 27, 2022
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