Taxes and Congress — Santa Brings The Big Sled

By |December 17th, 2019|179D, 179Darticles, 179dIndustry, 179dInTheNews, From the desk of Dean Zerbe, R&D|0 Comments


December 17, 2019
by Dean Zerbe for alliantgroup
Published in Forbes

So nothing, nothing, nothing – and then bang! Like the parent who waits to the last minute to get to the toy store – Congress suddenly decided to move on taxes in a big way – repealing some unpopular taxes as well as extending a number of popular tax provisions – including Section 179D Energy Efficient Commercial Buildings (big news for designers of government buildings) and Work Opportunity Tax Credit (WOTC).

First in Santa’s bag were the permanent (!) elimination of three tax provisions from the Affordable Care Act – the excise tax on medical devices; the tax on high-end health insurance (“Cadillac Tax”); and finally, the Health Insurance Tax – excise on tax on health insurance providers.

Next, Congress […]