As we approach a new year, the stage is set for 2025 to be a year we should expect see a significant legislative tax package. Not only is the Republican…
Continued Uncertainty with Beneficial Ownership Reporting
Beneficial Ownership Reporting: 2025 Update The courts continue to battle over the constitutionality of the Beneficial Ownership Information (BOI) Reporting included in the Corporate Transparency Act that was poised to…
Breaking News: BOI Reporting Enforceable with Minor Extension
BOI Reporting Now Enforceable As a last-minute Holiday gift, the U.S. Court of Appeals granted a Stay on the preliminary injunction previously issued on December 3rd, 2024. The result of…
Export Incentives: Reducing the Negative Impact of Research and Experimental Expenditure Capitalization
IRC 174 R&E Capitalization and Amortization Changes One of the most significant impacts of the Tax Cuts and Jobs Act of 2017 on the business world was the Section 174…
Breaking News: Federal Court Blocks Enforcement of Beneficial Ownership Information Reporting under the Corporate Transparency Act
Federal Court Blocks Enforcement of CTA A Texas Federal Court granted a nationwide preliminary injunction against the Corporate Transparency Act (CTA) scheduled to become effective on January 1, 2025. The…