Tax Relief for American Families and Workers Act of 2024 Roadmap

The House passed a bipartisan package (H.R. 7024) on Jan. 31, 2024, to revive expired business tax breaks and boost the child tax credit.

This roadmap provides a section-by-section summary of the tax provisions outlined in the new bill. You’ll get a breakdown of the Child Tax Credit, the deduction for domestic research and experimental expenditures, business interest expense limitation, 100% bonus depreciation extension, and more.

Download your copy to see how the bill impacts:

  • R&D expenditures
  • 163(j) (business interest expense)
  • Depreciation expense
  • The Child Tax Credit
  • Disaster relief
  • Affordable housing
  • Employee retention credit
  • Information reporting

Get your complimentary copy today.

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