by Brian Coddington | Dec 13, 2022 | Technical Updates - R&D
TECHNICAL UPDATE REVISED IRS PROCEDURAL GUIDANCE RELEASED December 13, 2022 by Brian Coddington, Director of Tax Accounting Methods On December 12th, 2022, the Service released an advance copy of Rev. Proc. 2023-8, which provides procedural guidance for taxpayers to...
by Brian Coddington | Dec 8, 2022 | Technical Updates - R&D
TECHNICAL UPDATE R&E AMORTIZATION UPDATES December 08, 2022 by Brian Coddington, Director of Tax Accounting Methods In 2017, Congress passed the Tax Cuts & Jobs Act (TCJA)[1]. As part of the act, Congress enacted revenue-raising provisions that affected...
by Deborah Roth | Oct 15, 2021 | Technical Updates - R&D
TECHNICALUPDATE CHIEF COUNSEL ADVICE MEMORANDUM 20214101F October 30, 2021 by DEBORAH ROTH, CPA On Friday, October 15th, 2021, the Internal Revenue Service published Chief Counsel Advice Memorandum 20214101F. In this memo, the Service describes what information they...
by Holland King | Dec 30, 2020 | Technical Updates - R&D
TECHNICAL UPDATE NEW BILL OUTLINES COVID RELIEF AND ECONOMIC STIMULUS PROVISIONS December, 2020 by Holland King Congress passed the Appropriations bill, which included the latest Covid relief and economic stimulus provisions. The bill fulfilled a long-awaited promise...
by Source Advisors | Jul 17, 2020 | Technical Updates - R&D
TECHNICALUPDATE CALIFORNIA LEGISLATURE PASSES AB 85 ANDSUSPENDS THE USAGE OF NET-OPERATING LOSSES July 15, 2020 California’s Legislature recently passed AB 85, a budget bill that, in part, suspends the usage of net-operating losses and restricts the utilization of...
by Source Advisors | Jul 2, 2020 | Technical Updates - R&D
TECHNICAL UPDATE VA EXTENDED APPLICATION DEADLINE TOSEPTEMBER 1, 2020 June 18, 2020 In a recent legislative update, the Virginia General Assembly modified the two state research credit programs resulting in changes that have both current and future implications. The...
