The American Rescue Plan’s likely cost is way more than $1.9 trillion

By Alex Brill The Senate is poised to consider President Biden’s American Rescue Plan, an elaborate bill recently passed by the House of Representatives through the budget reconciliation process at an estimated cost of $1.9 ....

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Toward a better Employee Retention Tax Credit

Lawmakers in both chambers of Congress have staked out positions on expanding the Employee Retention Tax Credit (ERTC), a refundable tax credit that provides temporary wage support to help employers retain or rehire workers. In ....

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Leave the tax treatment of business meals and entertainment alone

Back in April, President Donald Trump expressed his support for expanding the deductibility of business meals and entertainment. The president argued, in a tweet, that restoring the old deduction would help the restaurant and entertainment ....

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