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Business tax breaks face ‘now or never’ moment in Senate

It’s crucial for your C-suite to engage their respective Senators during the next 4 weeks.

This is the message:

Please approve the Tax Relief (H.R. 7024) bill now as restaurants rely on 100% bonus depreciation and business-interest expensing to remain competitive and improve economic growth.

The mid-April period offers the best chance of passing a tax relief bill, so Senators need to hear from CEOs and CFOs now not only about how this tax relief is needed, but how failing to approve this could endanger next year’s across-the-board negotiations about the pass-through business deduction, work opportunity credit, and more.

One page explainer: Senate Must Pass HR 7024 Tax Relief for American Families and Workers Act

 

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