Prioritizing health: A prescription for prosperity

Prioritizing health: A prescription for prosperity

The COVID-19 pandemic is an unwelcome reminder of just how much health matters for individuals, society, and the global economy. For the past century or more, health improvements from vaccines, antibiotics, sanitation, and nutrition, among others, have saved millions...
Reimagining the postpandemic workforce

Reimagining the postpandemic workforce

As the pandemic begins to ease, many companies are planning a new combination of remote and on-site working, a hybrid virtual model in which some employees are on premises, while others work from home. The new model promises greater access to talent, increased...
2020 depreciation limits for cars and trucks are issued

2020 depreciation limits for cars and trucks are issued

The IRS on Wednesday issued the limitations on depreciation deductions for passenger automobiles first placed in service in 2020 and the amounts of income inclusion for lessees of passenger automobiles first leased during 2020 (Rev. Proc. 2020-37). For these purposes,...
Consolidated groups get NOL guidance

Consolidated groups get NOL guidance

The IRS issued proposed (REG-125716-18) and temporary regulations (T.D. 9900) to provide guidance for consolidated groups on the treatment of net operating losses (NOLs) after recent statutory changes. Both the law known as the Tax Cuts and Jobs Act (TCJA), P.L....