Section 174 Updates – 2023

Section 174 Updates – 2023

written by Natalie Grumhaus With the harmful changes under the Tax Cuts and Jobs Act (TCJA) forcing the capitalization and amortization of research and experimentation costs, Tri-Merit has continued to advocate for its clients while also keeping a close eye on the...
Bridging the Gap Conference is BACK!

Bridging the Gap Conference is BACK!

We are excited to announce the return of the Bridging the Gap conference in 2024 after a highly successful debut last year. In 2023, our central theme was work-life balance and mental health, and we’re thrilled to continue that focus this year with enriching...
Section 174 Amortization – 6/1/2023 Update

Section 174 Amortization – 6/1/2023 Update

The TCJA requirement that all Section 174 (R&E) expenses be amortized over a 60 (domestic) or 180 (foreign) month period is still in place. However, there are two bills introduced in 2023, one in the Senate and one in the House of Representatives, that would...
Prevailing Wage: What to Know

Prevailing Wage: What to Know

The term “prevailing wage” has long been used in the context of federal agencies that award or fund contracts for the construction or repair of public buildings or public works.  The rules were originally proscribed in the Davis-Bacon and Related Acts and...
The Unique CPA 2023 Conference – Bridging the Gap

The Unique CPA 2023 Conference – Bridging the Gap

I can’t begin to tell you how excited I am that the 2023 Unique CPA Conference will be an in-person event this year. Scheduled to kick off with an evening event on August 28, followed by two comprehensive days of informative and collaborative sessions at the Loews...