IRS Updates Requirements for R&D Tax Credit Refund Claims

The IRS on June 18 updated the “Frequently Asked Questions” regarding research credit claims by...

Treasury, IRS Provide Guidance on Registration for Section 45Z Clean Fuel Production Tax Credits

The Department of the Treasury and the IRS on May 31 issued Notice 2024-49 regarding the Clean Fuel...

Top 6 Personal Property Tax Compliance Issues

Thirty-seven states impose a personal property tax. For companies that conduct business and own...

Federal court rejects FTC’s noncompete agreement ban

In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete...

Treasury Announces Long-Awaited Final Rules on Electric Vehicle Tax Credits

On May 3, 2024, the U.S. Treasury Department unveiled the final IRS regulations for the electric...

IRS Launches Second ERC Voluntary Disclosure Program

On August 15, 2024, the IRS announced the launch of the Second Employee Retention Voluntary...

Challenges in Business Succession Planning: Cash Flow Strategies for Estate Tax Liabilities

Tax Strategist Insight Individuals with substantial business holdings often face complicated estate...

How to Effectively Implement AI in the Tax Function

Artificial intelligence is creating waves in every industry. From streamlining burdensome tasks to...

Tech’s 2024 Guide to Tax Planning

Tax policy isn’t static — its ever-evolving nature means that companies should continually revisit...

The Corporate Transparency Act

For companies formed before January 1, 2024, there are less than 6 months left to file your initial...