2021-12-20 BBBA Is Not Coming Soon

This week we look at:

  • BBBA fails to clear Congress before adjourning for the year and Senator Manchin states he is a no vote on this bill
  • Mileage rates released by the IRS
  • IRS updates automatic changes for small business accounting methods added by TCJA
  • IRS publishes, with minimal changes, annual disclosure Revenue Procedure

Copyright 2021, Kaplan, Inc.

2356 232