Updated May 20, 2019
Sen. Chuck Grassley (R-IA) announced late last week that lawmakers on the Senate Finance Committee will form bipartisan groups to analyze how best to address expired and soon-to-expire tax incentives, known as extenders.
Finance Committee Democrats and Republicans will convene six separate working groups to analyze tax extenders, with the two largest working groups addressing energy tax incentives and those for economic and community development.
The natural world is full of awe-inspiring wonder. From simple gardens growing in our backyards, to the epic beauty of national parks like Yosemite or the Grand Canyon, Mother Nature stirs up a wide range of emotions and experiences.
Opinions, opinions, opinions…. everybody has them and the latest one on the application of section 41, the “R&D Tax Credit”, is fresh off the presses from the federal court in the southern district of Ohio.
When President Trump signed the Tax Cuts and Jobs Act (“TCJA”) into law a little over a year ago, he enacted the most sweeping update to the U.S. tax code since the 1986 tax reform enacted under President Reagan.
There it is. Slowly lumbering around…back and forth. Everyone is keenly aware of its presence. In fact, it cannot be ignored. An immovable obstacle…a disconcerting distraction of mammoth proportions. With it comes a sense of helplessness, as your business and thousands more like it across the country are faced with the five-ton frustration of certification delays for the WOTC (Work Opportunity Tax Credit), and the burden of amended return filings.
