Category Archives: News and Insights

Claim R&D Tax Credit

Federal R&D Tax Credit – There’s Still Time to File!

With the U.S. Federal tax deadline extensions, there’s no excuse for qualified businesses not to claim their R&D Tax Credit. The mass disruptions and unpredictability of COVID-19 have thrown us all for a loop. Consequently, businesses of all sizes desperately seek tax relief and revenue saving opportunities. Unfortunately, the final tax deadlines are upon us,

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OR, Oregon, Oregon Corporate Activity Tax

Oregon Corporate Activity Tax

Beginning January 1, 2020, Oregon introduced its new modified gross receipts tax called the “Corporate Activity Tax.”  The tax is imposed in addition to current state corporate income tax on each person doing business in the state of Oregon.  Commercial activity sourced to Oregon over $1 million is taxed at 0.57% plus $250 annual fee.

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Exemption Certificate, Exemption Certificates

The Complete Guide to Managing Sales Tax Exemption Certificates

Although managing sales tax exemption certificates may seem like a simple process, anything associated with sales tax proves otherwise. Often times, companies do not spend the proper amount of time documenting and storing certificates. The importance of these tasks is only realized when a company is audited and missing or invalid certificates come to light.

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CARES ACT, CoronaVirus, Cost Segregation

CARES ACT Provides Technical Correction: Qualified Improvement Property Retroactively 100% Bonus Eligible

On March 27, 2020, the United States Congress passed, and the President signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act). The Act provides significant tax reduction and liquidity improvement opportunities for commercial real estate owners and taxpayers in the hospitality, restaurant, and retail trades who have made improvements to their buildings since

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