Part 9/11:
Changes to Business Expenses: Deductions for meals and entertainment are now curtailed under Section 2740, disallowing deductions for business meals and beverages, even if provided to employees.
Student Loan Reimbursements: Employer-paid student loan repayments are now permanently tax-free, benefiting employees and incentivizing workplace education assistance.
Corporate Tax Rate: The rate remains at 21%, after being extended from a potential increase. This stable rate benefits corporations by maintaining a relatively low tax burden compared to previous levels (up to 35%).