Many were hopeful for U.S. tax legislation ensuring businesses could continue to fully deduct their research and experimental (“R&E”) expenditures in the 2022 taxable year. Senator Margaret Hassan ...
A change in the tax code that went unnoticed by many business owners is "potentially one of the scariest things that could happen to technology startups in recent years.” Surprise tax bills are ...
“Should Congress continue to do nothing, the long-term impacts of an additional tax burden on innovation are sure to be great.” I was not even aware of the issue below until a CPA friend of mine ...
In early September, I published an article seeking guidance from the IRS on how to implement the new capitalization rules under IRC Section 174, which was effective on Jan. 1, 2022. Much to my ...