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Will Congress Say Bah Humbug To Small Businesses?

Withum

More recently, tax writers were meeting on a regular basis and the news reported on a rough outline of a plan, but that came to nothing. So now Congressional leaders have departed for winter recess and will return to a full plate of financing the government when they return. So what can we expect in the New Year?

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How Inflation and Supply Chain Disruptions Can Increase Your Business’ Tax Bill

Withum

Unfortunately, a deteriorated supply chain and increased inflation most likely will increase the tax bill for businesses that use the LIFO method of accounting. billion in taxes for the industry in 2022. Business Tax Services. 4105) which was specifically focused on the motor vehicle industry. Contact Us.