February 20, 2024

Marcum’s Midwest Consumer & Industrial Products Leader Jonathan Shoop talks 2024 tax changes for Compoundings

Compoundings

By Ed Finkel

Marcum’s Midwest Consumer & Industrial Products Leader Jonathan Shoop talks 2024 tax changes for Compoundings

Excerpt:

Lubricants manufacturers face an array of changes to tax and accounting standards now that the calendar has turned to 2024. Many of the tax-related shifts result not from new legislation, but rather the slow-motion timetable under which provisions of the Tax Cuts and Jobs Act of 2017 are beginning to expire.

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Jonathan J. Shoop

Jonathan J. Shoop

Office Managing Partner, Downtown Cleveland

  • Assurance
  • Cleveland, OH