Policy Risk Brief

Policy Risk Brief

Share this post

Policy Risk Brief
Policy Risk Brief
Tax Alert: Tax Relief for American Families and Workers Act
Tax Policy

Tax Alert: Tax Relief for American Families and Workers Act

Legislation to extend business tax provisions passes House but faces Senate opposition.

Feb 07, 2024
∙ Paid

Share this post

Policy Risk Brief
Policy Risk Brief
Tax Alert: Tax Relief for American Families and Workers Act
Share

Summary of Bill: The Tax Relief for American Families and Workers Act would make several key business provisions retroactive and extend them through 2025. The bill would: (1) restore immediate expensing of domestic research and development costs; (2) restore the EBITDA calculation for adjusted taxable income under Section 163(j); and (3) reinstate 100% bonus depreciation.

Keep reading with a 7-day free trial

Subscribe to Policy Risk Brief to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 JVM Advisory
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share