§174 Capitalization Updates: What We Know

§174 Capitalization Updates: What We Know

The IRS provided guidance on the automatic change issue for §174 but is silent on what should or should not be included in the §174 capitalization. We are watching this issue closely and want to share with you where it stands right now. Download PDF − By Mark Dunning,...
Water’s Edge Election Changes in Montana

Water’s Edge Election Changes in Montana

The Montana Department of Revenue (MDOR) has changed their water’s edge election process, making the election to cover calendar years 2023, 2024, and 2025 due by March 30, 2023. By Stacey Roberts The Montana Department of Revenue (MDOR) has changed their water’s edge...
Missouri Last State to Enact Economic Nexus

Missouri Last State to Enact Economic Nexus

With Missouri’s economic nexus law set to go into effect January 1, 2023, taxpayers have some nexus evaluations to do to avoid penalties and interest.  Here’s what to expect.   By Judy Vorndran Missouri’s economic nexus law goes into effect January 1, 2023. According...