by Bruce Warner | Jan 8, 2018 | Blog
If history is any guide, often tax extenders bills, like the Dec 21, 2017 Tax Extenders Act of 2017, may be tied to must-pass legislation. The next key date is January 19, 2018 when Congress must act on either a budget or a continuing resolution (CR) to keep the...
by Bruce Warner | Jan 3, 2018 | Blog
Right after passage of the huge tax overhaul bill, Congress under Senator Orrin Hatch, introduced a tax extenders bill on December 21, called the Tax Extender Act of 2017, which would ‘renew’ a number of renewable energy credits and incentives, as well as...
by Bruce Warner | Dec 6, 2017 | Blog
Although the R&D tax credit has been retained in the 2017 tax bills (both versions), in Conference Committee, the Congress will have to work out what to do with AMT. The House bill repealed the corporate AMT (Alternative Minimum Tax that corporations must pay)...
by Bruce Warner | Aug 6, 2017 | Blog
In December 2015, Congress passed the PATH Act of 2015, which enabled small, start-up businesses to use the R&D Tax Credit to offset the employer portion of payroll taxes, up to $250,000. To qualify as a small, start-up, the Taxpayer must have less than $5,000,000...
by Bruce Warner | Mar 13, 2016 | Blog
Under the December 2015 Path Act, Congress will provide additional R&D tax credit incentives for small business, as defined as a company with less than $5 million in receipts and no history of receipts longer than 5 years – stated another way – a...
