Tax

At a Glance Main Takeaway Recent changes introduced by the Tax Cuts and Jobs Act of 2017 have changed the rules regarding research and development (R&D) expenses under Internal Revenue Code (IRC) Section 174

At a Glance Main Takeaway Third-party logistics (3PL) services provide a range of functions to companies, including warehousing, inventory management, transportation, and other supply chain management services

At a Glance Main Takeaway Public Law (P.L.) 86-272 prohibits states from imposing income taxes, such as corporate or franchise tax, under specific conditions

https://windes.wistia.com/medias/p2qmehux60?embedType=async&videoFoam=true&videoWidth=640   At a Glance Main Takeaway Understanding the basics of income tax nexus standards is crucial for projecting your company's tax obligations

At a Glance Main Takeaway The clean vehicle credit is a federal tax credit designed to encourage individual taxpayers and businesses to purchase and use electric-powered vehicles

At a Glance Main Takeaway Internal Revenue Code (IRC) Section 174 now requires taxpayers to capitalize and amortize research and experimental (R&E) expenditures beginning in tax year 2022

At a Glance Main Takeaway State and local income taxes, commonly called "SALT," have been the subject of much discussion in recent years