FORWARD Act Aims to Incentivize R&D Tax Credit
On May 4th, 2020, Delaware Senator Chris Coons presented a piece of legislation, S. 3593, the “Furthering Our Recovery With American Research & Development Act” – […]
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Tax Aspects of the Further Consolidated Appropriations Act of 2020
On Friday, December 20th of 2019, President Donald J. Trump signed into law: H.R. 1158, entitled the “Consolidated Appropriations Act, 2020,” which divisions A through D of the […]
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A Practical Guide to the Tax Cuts and Jobs Act
On Thursday, November 2nd the House of Representatives released a draft of their tax reform legislation entitled “The Tax Cuts and Jobs Act ” as presented […]
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Construction Tax Planning: A Proactive Methodology to Accelerated Depreciation Planning
A properly designed and implemented Construction Tax Planning analysis will proactively identify additional tax savings related to new and / or planned construction projects. It should […]
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Lights, Camera, Action and Tax Cut!
The New York State Film Tax Credit Program Gets Extended Through 2022 By Peter J. Scalise Movie and Television Studios ecstatically praised Governor Andrew M. Cuomo […]
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The IRS Issues New Administrative Authority Governing R&D Tax Credit Claims for Start-Up Companies
On Thursday, March 30th the Department of the Treasury (hereinafter the “Treasury Department”) and Internal Revenue Service (hereinafter the “Service”) issued interim administrative guidance in the […]
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The AICPA Requests Administrative Guidance by the Department of Treasury Governing the Enhanced R&D Tax Credit Program
The American Institute of Certified Public Accountants (“AICPA”) has requested of the Department of Treasury and the Internal Revenue Service (hereinafter “Service”) to issue some form […]
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The Service Issues New Administrative Authority Governing TPR Compliance
The Internal Revenue Service (hereinafter the “Service”) recently issued IRS Notice 2017-6 in connection to Tangible Property Regulations Compliance (hereinafter “TPR Compliance” or “Regulations”) that extended […]
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Peter J. Scalise Awarded the 2016 Top Tax Writers Award
PM Business Advisors’ own Peter J. Scalise was awarded with the 2016 Top Tax Writers award and inducted into TaxConnections Tax Writers Guild. These special awards […]
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