Anam Lotia, J.D.

Anam Lotia, J.D.
As a Manager of R&D for CTI, Anam provides a breadth of knowledge and client services to the firm. Anam earned a J.D. from Loyola University Chicago - School Law. She also studied for one year at the University of Houston Law Center and is now a licensed Texas attorney with specialization certificates in tax and advocacy. Utilizing her tax law background, Anam applies her skills towards identifying maximum credit opportunities for her clients as well as assisting in audit support efforts to protect each taxpayer's claims.
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Recent Posts

Navigating Section 174 Changes Through Tax Season

Written by Anam Lotia, J.D.. Updated Mar 28, 2023.

The Tax Cuts and Jobs Act (TCJA) creates the need to amortize research and experimental expenditures in tax years after December 31, 2021. This article provides an overview of section 174, then dives into the changes, updates, and questions regarding taxpayers and their involvement with Section 174 of the TCJA as of the 2022 tax year.

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Benefits of the Inflation Reduction Act: More R&D Equals Less Payroll Tax

Written by Anam Lotia, J.D.. Updated Dec 22, 2022.

Signed into law by President Biden in August of 2022, the Inflation Reduction Act (IRA) is intended to lower inflation by investing in various areas that will facilitate growth, promote jobs, and strengthen the American economy. 

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No Good Deed Goes Unpunished – The Harsh Realities of Pandemic Fraud

Written by Anam Lotia, J.D.. Updated Jul 20, 2022.

Even in crisis, there is wrongdoing. This is an unfortunate truth in the world, and the COVID-19 pandemic is no exception. Since the beginning of the health crisis in 2020, the world has faced numerous negative impacts related to health, education, and the economy. Here in the United States, to minimize the impact to the economy, the Federal government passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, this new law sought to provide emergency financial assistance to help millions of impacted small businesses and American families get back on their feet, as well as stimulate the economy. Although created with good intentions, these relief packages and economic aid tools brought about individuals and businesses who took advantage, initiating pandemic fraud activity.

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Meyer, Borgman & Johnson, Inc. v. Commissioner— What’s in the Four Corners of the Contract?

Written by Anam Lotia, J.D.. Updated May 11, 2022.

A new court opinion issued by the U.S. Tax Court emphasizes the importance of contract review for the analysis and substantiation of an R&D tax credit claim. The opinion alludes to additional requirements to demonstrate a taxpayer's economic risk when conducting research. Moreover, the court points to precedence to emphasize that terms and conditions within any contract agreement are most important, and no implications or assumptions should be needed or considered to substantiate a credit claim.

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