News & Insights
Inflation Reduction Act Doubles R&D Credit Payroll Tax Offset for Qualified Small Businesses
September 21st, 2022
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Business Tax Services |
Outsourced Accounting Solutions |
Tax |
Tax Credits
The Inflation Reduction Act (H.R. 5376), which President Biden signed into law on August 16, 2022, doubles the federal research and development (R&D) credit payroll tax offset for qualified small […]
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The Inflation Reduction Act: What’s in it For You?
September 16th, 2022
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Business Tax Services |
Tax |
Tax Credits
You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce inflation in the near future, […]
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Clean Vehicle Credit Comes With Caveats
September 9th, 2022
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Business Tax Services |
Tax |
Tax Credits
The Inflation Reduction Act (IRA) includes a wide range of tax incentives aimed at combating the dire effects of climate change. One of the provisions receiving considerable attention from consumers […]
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When Interest Rates Rise, Optimizing Tax Accounting Methods Can Drive Cash Savings
July 7th, 2022
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Accounting & Outsourced Solutions |
Business Tax Services |
Outsourced Accounting Solutions |
Tax |
Tax Credits
U.S. businesses have been hit by the perfect storm. As the pandemic continues to disrupt supply chains and plague much of the global economy, the war in Europe further complicates […]
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IRS Increases Mileage Rate for Remainder of 2022
June 13th, 2022
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Business Tax Services |
Tax |
Tax Credits
Last week, the Internal Revenue Service announced an increase in the optional standard mileage rate for the final six months of 2022. For the final six months of 2022, the standard mileage […]