Author Archives: Frank Fioretti

Opportunity Zone

Treasury Releases Proposed Regulations for Opportunity Zones

On October 19th, 2018 the Department of Treasury has issued proposed regulations for Opportunity Zone Investors and has sent these rules over to the IRS. The proposed regulations provide guidance under new section 1400Z-2 of the Internal Revenue Code relating to gains that may be deferred by investors for investments in a qualified opportunity fund

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Pennsylvania R&D Tax Credit,R&D Tax Credits, Pennsylvania

Approaching Due Date for Pennsylvania R&D Tax Credit Application

On September 15, 2017, Pennsylvania’s Research and Development Tax Credit application is due for companies qualifying for the Federal and State Research and Development Tax Credit. Pennsylvania requires that taxpayers have qualified Pennsylvania Research and Development expenses in the current year and at least one preceding year, 2015. The goal of the R&D Tax Credit

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RTC , March 31st Deadline, Research Tax

March 31st Deadline For Start-Ups to Claim R&D Tax Credit Refunds Approaching

If qualified start-up companies with research and development activities want to take advantage of the option to offset payroll taxes in the second quarter, the deadline is quickly approaching. Qualified start-up companies have until March 31, 2017, to file their 2016 tax return if they want to offset their payroll taxes in July 2017. Under

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