H.R.5376 – Inflation Reduction Act of 2022
(link) https://www.congress.gov/bill/117th-congress/house-bill/5376/text Major Tax Provisions include: The updated draft legislation of the Inflation Reduction Act would include the following major changes, effective beginning after December 31, 2022, unless otherwise noted: Individual Income Taxes Extends the limitation on pass-through business losses enacted in the 2017 Tax Cuts and Jobs Act (TCJA) for two years through 2028. Extends […]
Did You Know? NASAA Releases New FDD Instructions for 2020
Did you know that last May (2019) that NASAA adopted new state cover sheets and state effective dates page for franchise disclosure documents. Beginning January 1, 2020, any FDD must now include three new cover sheets following the guidelines provided by NASAA.
