Specialty tax provisions in the new stimulus could mean a lot for businesses
The Consolidated Appropriations Act of 2021, signed by President Trump in December, combined the long-awaited stimulus bill with the omnibus spending bill funding the federal government. In Accounting Today, Dave McGuire outlines key provisions of the bill and its important impact on specialty tax.
Read more here.
David McGuire is a leading expert on cost segregation, fixed assets and depreciation law and a co-founder of McGuire Sponsel. McGuire continues to grow McGuire Sponsel’s national presence in cost segregation and depreciation.
He is the primary resource for alliance firms in regards to how tax law affects depreciation. His knowledge in determining asset costs and classifications has held up against IRS scrutiny and has built the firm into a trusted industry resource.