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 19, 2020 | Federal Tax, Tax News
IRS clarifies what can be expensed under current tax law. By Davinia Lyon The IRS issued final regs implementing significant changes in the Tax Cuts and Jobs Act (TCJA) regarding deductions for travel and entertainment expenses (Sec. 274). The release finalizes...
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