"Navigating Tax Policy Changes" webinar now available on demand
If you were unable to join us last week for the webinar "Navigating Tax Policy Changes: Strategies for Non-Ferrous Foundries," the recording is now available to NFFS members in the Economics section of the NFFS website at www.nffs.org/taxation.
The webinar features presenters Richard Wile and Rich Pickett of RubinBrown, who delve into the crucial changes affecting taxes and deductions for non-ferrous foundries. The session explores the intricacies of Immediate R&D Expensing, Interest Deductibility, and Full Expensing, shedding light on their implications for foundries of all sizes.
Key takeaways include:
- Immediate R&D Expensing, which has been a cornerstone of innovation in the U.S. for nearly seven decades, is under threat due to changes in the tax code, risking job creation and economic security.
- Stricter limitations on interest deductibility, which took effect at the beginning of 2022, have increased the cost of financing critical investments, impacting job growth.
- The phasing out of Full Expensing starting in 2023 has hampered capital investments and global competitiveness.
If you are interested in becoming a NFFS member to access this webinar, along with other NFFS Member Benefits, you can find full details and join online at www.nffs.org/membership-information.