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Treasury Department and IRS Issue Proposed Regulations on the Advanced Manufacturing Production Credit under Section 45X of the Internal Revenue Code | Pillsbury Winthrop Shaw Pittman LLP

The proposed regulations provide important clarity on the distinction between substantial and superficial modification for purposes of determining eligible components produced by the...
United States Revenue Service Pillsbury Winthrop Shaw Pittman Inflation Reduction Act Internal Revenue Code Internal Revenue Service

Key Provisions of the Consolidated Appropriations Act, 2021 for Businesses and Individuals | Sullivan & Worcester

To embed, copy and paste the code into your website or blog: On December 27, 2020, the Consolidated Appropriations Act, 2021 ("CAA" or the "Act") was signed into law. The 2,100+page CAA is made up of 32 Divisions. The significant business and individual taxpayer related provisions are in Division EE, known as the Taxpayer Certainty and Disaster Tax Relief Act of 2020, and Division N, which includes the COVID-related Tax Relief Act of 2020 and the Economic Aid to Hard-Hit Small Businesses, Nonpr...
Revenue Service Paycheck Protection Program Consolidated Appropriations Act Taxpayer Certainty Disaster Tax Relief Act Tax Relief Act

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