Under the Tax Cuts and Jobs Act (as of Jan. 2022), revisions to IRS Section 174 require that expenses associated with research and experimentation (R&E) conducted in the U.S. or outside the U.S. be capitalized and amortized over a 5 or 15-year period.Learn more in this article by our tax expert, Stephen Estelle.
Take stock of your business' tax situation before year-end
Regardless of how your company has fared so far in 2022, there’s still time to engage in efforts that may reduce your federal tax liability. Read our article by tax expert, Zach Gubser, to learn more about strategies worth your consideration.
Under the Tax Cuts and Jobs Act (as of Jan. 2022), revisions to IRS Section 174 require that expenses associated with research and experimentation (R&E) conducted in the U.S. or outside the U.S. be capitalized and amortized over a 5 or 15-year period.Learn more in this article by our tax expert, Stephen Estelle.
Take stock of your business' tax situation before year-end
Regardless of how your company has fared so far in 2022, there’s still time to engage in efforts that may reduce your federal tax liability. Read our article by tax expert, Zach Gubser, to learn more about strategies worth your consideration.
Among the Inflation Reduction Act (IRA)'s updates to existing tax incentive provisions are those around solar energy initiatives for residential building/ construction, manufacturing production, and nonprofit organizations. Learn more about how the IRA supports progressive solar implementation from CSH tax expert, Zach Dech.
Help with your year-end and beyond
It always seems to come too quickly, but December 31 will soon be here. Our tax experts have developed two webinars focused on year-end and 2023 tax planning.
On Thursday, December 1, 2022, Jane Pfeifer and Mark Gaudet (joined by moderator Brendan Walsh) will look at the tax implications individuals should consider for the end of 2022.
Help with your year-end and beyond
It always seems to come too quickly, but December 31 will soon be here. Our tax experts have developed two webinars focused on year-end and 2023 tax planning.
On Thursday, December 1, 2022, Jane Pfeifer and Mark Gaudet (joined by moderator Brendan Walsh) will look at the tax implications individuals should consider for the end of 2022.
Under the Tax Cuts and Jobs Act (as of Jan. 2022), revisions to IRS Section 174 require that expenses associated with research and experimentation (R&E) conducted in the U.S. or outside the U.S. be capitalized and amortized over a 5 or 15-year period.Learn more in this article by our tax expert, Stephen Estelle.
Inflation Reduction Act Expands Energy Efficiency Tax Credits 45L and 179D
In order to meet some of the aggressive energy savings goals laid out in the Inflation Reduction Act (IRA), tax incentives related to efficiency building standards are significantly expanded. CSH’s Senior Manager, Christopher Peer, provides details on updates to 45L and 179D.
Significant R&D Credit Offsets Payroll Taxes & Frees Up Cash
The Inflation Reduction Act more than doubles the amount a qualified business can potentially claim as a research and development (R&D) tax credit to offset its payroll tax for tax years starting after 2022.
