Los Angeles County Telephone Tax Lawsuit Upheld

The deadline to file for a Telephone Tax Refund is September 15, 2018: Settlement: The Los Angeles County Telephone Utilities Tax Refund settlement includes “all persons, including corporate and non-corporate entities wherever organized and existing, who paid telephone utility user taxes to the County of Los Angeles on telephone service utilized from August 25, 2005 … More Los Angeles County Telephone Tax Lawsuit Upheld

New R&D Tax Credit Guidance for LB&I Taxpayers with Audited Financials

WASHINGTON – September 11, 2017 – The Internal Revenue Service has issued guidance to Large Business & International (LB&I) Division examiners regarding the examination of the credit for increasing research activities under IRC Section 41 (“Research Credit”) claimed by LB&I taxpayers. Independently determining the correct amount of Research Credit claimed by LB&I taxpayers can be … More New R&D Tax Credit Guidance for LB&I Taxpayers with Audited Financials

Senate Proposes R&D Tax Credit Increase

WASHINGTON – June 6, 2017 – Senators Coons and Roberts introduce bipartisan bill to help companies design and manufacture in America. U.S. Senators Chris Coons (D-DE) and Pat Roberts (R-KS) today introduced the Invent and Manufacture in America Act, which provides a tax cut for companies that not only conduct research & development in the United … More Senate Proposes R&D Tax Credit Increase