Trade groups to lawmakers: Don’t raise taxes on small, family-owned businesses
As households and businesses face a possible recession, decades-high inflation levels and other economic challenges, a broad coalition of trade ...
Tag: Subchapter S
ABA and banking groups ask Treasury for flexibility in scheduling ECIP closing dates
The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging ...
Without ECIP Fix, Many Eligible CDFIs, MDIs Will Be Left Out of Key Investment Opportunity
Time is running out for the Federal Reserve to make a simple but critical fix to ensure infusions of funds ...
ABA, Groups Seek Changes to Support Sub S, Mutual Banks Receiving ECIP Investments
With the Treasury Department investing $8.7 billion in community development financial institutions and minority depository institutions through its Emergency Capital ...
ABA Supports Bill to Make 199A Tax Deduction Permanent for S-Corps
The American Bankers Association today joined more than 100 trade organizations in a letter of support for H.R. 216, the ...
IRS Issues Final Rules on Pass-Through Deduction for S-Corp Banks
While generally positive, preliminary analysis of the final pass-through rules suggests mixed results for a few issues of concern to ...
ABA, Trade Groups Urge Clarity in Proposed Pass-Through Deduction Regulations
ABA, the Independent Community Bankers of America and the Subchapter S Bank Association today filed a comment letter on the ...
ABA Issues Staff Analysis of Proposed Pass-Through Deduction Regulations
As Treasury and the IRS work to implement the new tax reform law, the American Bankers Association has published a ...
IRS, Treasury Propose Regulations on Pass-Through Deduction
The Internal Revenue Service and the Treasury Department today issued proposed regulations implementing the 20 percent deduction that pass-through entities, ...
ABA, Groups Provide Comments to Treasury on Sub S Bank Tax Deduction
As the Treasury Department develops guidance to implement Section 199A of the Tax Cuts and Jobs Act, it should be ...
