Tax News Briefs 
The PTC, Itemized Deductions, Employer Leave-Based Donation Programs, Tracking Refunds, and Bribes
Premium Tax Credit Regulations Amended Wages are deductible by a C corporation in computing taxable income, but dividends are not. In a closely held corporation, the owners might decide to take ... TheTaxBook
July/Aug 2022,
Tax News Briefs,
§36B, employer leave-based donation program, premium tax credit, Ukraine, ACA, temporary protected status, c corporation, PTC, §170(c), refund, Health Insurance Exchange, bribe, Tax Court, Executive Order 14009, Thailand, property, Strengthening Medicaid and the Affordable Care Act, Form W-2, §36B(c)(2)(C)(i), §63(e)(1), §6663, §63(e)(2), business expense
Feature Article
When Is a State Refund Taxable
The TCJA Raises Some Questions. As anyone not living under a rock these last 18 months knows, the Tax Cuts and Jobs Act (TCJA) imposed a $10,000 ($5,000 married filing separately) cap on deductions of state and local taxes (SALT)—including income, real estate, property, and s... Gil Charney, CPA/PFS, CFP, CGMA, CMA, MBA