Part 1 of our post-election insights series features a discussion on what the next few years may hold with President Joe Biden in office. We unpack the proposed tax legislation and share how it could potentially impact your business. Watch the video to learn more.
- Tax & Assurance Guidance
Is Immediate R&D Expensing on The Horizon?
For the first time since 1953, taxpayers are not allowed an immediate deduction for R&E expenses and instead must capitalize and amortize such expenses. On March 17, 2023 a stand-alone bipartisan bill was reintroduced which would allow immediate expensing of R&D. Learn what this means for taxpayers.
by Sarah Russell
- March 22, 2023