Business advocacy groups file new brief challenging president’s authority to impose tariffs under the International Emergency Economic Powers Act. Continue Reading
Advocacy Updates
Legislative and Regulatory News
The state’s new recycling law went into effect on July 1, creating new burdens and fees on distributors for certain kinds of products. Continue Reading
The final version of the reconciliation bill makes permanent the Section 199A pass-through deduction, increases the estate tax exemption and enshrines the expensing of research and development costs. Continue Reading
The increase would help offset smaller state and local tax deductions in the Senate’s version of the budget reconciliation bill. Continue Reading
The committee’s version of the reconciliation bill would make deductions for research and development expenses permanent but offer less tax relief for pass-through businesses. Continue Reading
Oregon is set to be the first state where distributors and other companies will have new requirements to fund end-of-life management for some products. Continue Reading
A new tool from the U.S. Chamber of Commerce can help businesses understand their potential tax increases if the 2017 Tax Cuts and Jobs Act (TCJA) is allowed to expire at the end of 2025. Several provisions of the TCJA, including the 20 percent deduction for S-corporations, are scheduled to... Continue Reading
When making a sale, businesses widely understand their obligations when it comes to collecting sales tax. But use tax can be a little trickier, even though it is the flip side of the same coin. Use tax is typically paid in place of a sales tax when a buyer purchases from a seller located in a... Continue Reading