by TaxOps | Jul 18, 2023 | Tax Minimization, Tax News
The IRS released proposed regulations and temporary regulations addressing the elective-pay and transferability of clean energy credits of § 48D related to new options enabled by the Inflation Reduction Act of 2022. By Jamie Overberg On June 14, 2023, the U.S....
by TaxOps | Jul 18, 2023 | Tax Minimization, Tax News
§174 costs that arise before an ownership change may now be subject to §382 rules, potentially resulting in a tax basis in unamortized §174 costs. By Mark Dunning The Tax Cuts and Jobs Act (TCJA) of 2017 affected §174 costs beginning January 1, 2022 (see Major Changes...
by TaxOps | Jul 5, 2023 | Events, State and Local, Tax News
Stacey Roberts at TaxOps and Joseph Geiger at Vertex guide tax professionals with an in-depth analysis of the sales and use tax issues in acquiring certain businesses. The panel will discuss the unexpected sales and use tax consequences, nexus implications, issues...
by TaxOps | Jul 5, 2023 | Events, Tax Minimization, Tax News
State income taxes are impacted by federal legislative changes to the ability to deduct research and development (R&D). In this CPE, Jamie Overberg will review the current federal requirement to capitalize R&D, states’ responses to these changes, best...
by TaxOps | May 25, 2020 | Tax Minimization, Tax News, White Papers
By Jamie Overberg, as featured in Accounting Today “That’s not R&D” is a common phrase we hear from engineers at companies engaged in product development and improvements. Engineers typically don’t view a large part of their day-to-day...
Recent Comments