by TaxOps | Aug 25, 2021 | Tax Minimization, Tax News
As businesses deduct expenses paid with PPP loan proceeds, R&D tax credits for payroll are impacted. Here’s how and what to do about it. By Jamie Overberg What is given on the one hand is partially stripped away on the other. That’s the best way to describe recent...
by TaxOps | Jun 11, 2021 | Tax Minimization, Tax News
Beginning in 2022, the federal research tax credit must be amortized. Some lawmakers are pushing back with bills to reverse course before amortization starts. By Jamie Overberg For over 60 years, businesses in the United States have been able to immediately deduct...
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 | Jan 19, 2021 | Tax Minimization, Tax News
By Mark Dunning Without repeal, research and development in the U.S. will become more expensive beginning in 2022. Starting in 2022, the tax code will make it more expensive for companies to undertake research and development in the U.S. by dragging out deductions...
by TaxOps | Nov 18, 2020 | Events, Tax Minimization, Tax News
Join TaxOps Minimization Managing Partner Mark Dunning as he takes a deep dive into research and development credits, sponsored by CPE4U. Catch the last Denver date of the year!December 81:00 – 4:30 pm MTCPE 4 creditsIntermediate course...
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