This article discusses the evolution of how R&D expense has been determined and whether the Trump Administration will save ...
The new OBBBA law offers small businesses bigger tax deductions, permanent QBI relief and immediate R&D expensing in 2025 — ...
The US Treasury Department is preparing to issue new tax guidance that could help companies save billions more. The move, ...
US Treasury is preparing guidance to ease the 15% minimum tax, allowing major companies to claim full R&D deductions worth up ...
The Republican tax law's bonus depreciation provision is expected to cost $362.7 billion over the next ten years, with ...
ITAT confirmed that ownership of additional properties under construction does not block Section 54F deduction if they are business assets. Deduction on LTCG invested in residential property was ...
A group of Democrats is leading opposition to a potential regulatory carve-out from a new minimum tax on corporate profits.
GOP lawmakers are reluctant to extend tax credits for health insurance under the ACA but pushing for higher deducible plans ...
Industry groups are lobbying the Treasury Department to create a special exemption from the corporate minimum tax — enacted ...
The new tax code resulted in several new tax breaks, but that’s not the only way to save money. Proactive year-end planning ...
Treasury is drafting guidance to let companies fully claim retroactive R&D deductions restricted by the 15% minimum tax. ・The ...
The tax guidance would allow companies to take full advantage of lucrative research and development tax breaks.