12/15/2023 Click to open expanded view 2017 ezpaycheck payroll software for small businessesRead NowA corporate alternative minimum tax that would have negated some favorite business tax breaks reportedly was removed. In last-minute negotiations, some of the most glaring errors and petty cruelties in the original House and Senate bills have been corrected. The measure, which Republicans hope to send to the White House for President Trump’s signature by Christmas, bristles with provisions likely to have unexpected or unexplained consequences-unexpected tax increases for some businesses and industries, unheralded tax cuts for favored taxpayers, loopholes begging to be exploited by smart tax lawyers. The chaotic gestation of what has been billed as the most significant tax legislation in a generation has left many tax experts appalled.
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