by TaxOps | Sep 12, 2023 | Main Tax Min, Tax Minimization, Tax News
Guidance released under Notice 2023-63 focuses on the amortization of specified research or experimental expenditures under §174, and announces more regulations on the horizon. What does it mean for taxpayers? Read on for effective dates, rules, and what’s to...
by TaxOps | May 27, 2022 | Main Tax Min, Tax Minimization, Tax News
Jamie Overberg, Partner at TaxOps Minimization, suggested that the 2022-2023 priority guidance plan (Notice 2021-22) include guidance that identifies cost categories for research and experimental expenditures under section 174(a). May 12, 2022 Ms. Emily M....
by TaxOps | Jun 2, 2021 | Federal Tax, Tax News
Aggressive tax increases targeting large corporations and high-income individuals are now officially on the proposal table with the U.S. Treasury’s release of its Green Book and President Biden’s FY 2022 Budget. By Davinia Lyon The Biden Administration has proposed...
by TaxOps | Jan 21, 2021 | Tax Minimization, Tax News
By Mark Dunning Certain expenses related to the Paycheck Protection Program (PPP) are now deductible, the result of tax changes found in the year-end 2020 relief package. The Consolidated Appropriations Act of 2020 (enacted December 27, 2020) and related guidance...
by TaxOps | Apr 28, 2020 | Federal Tax, Tax News
The CARES Act and other relief measures are providing much needed opportunities to businesses to get cash now, tax credits, delays, fixes and changes. We’re helping businesses through the COVID-19 crisis with a free analysis of available tax benefits. Contact...
Recent Comments