Inflation Reduction Act 2022 – Changes for 179D

Inflation Reduction Act 2022 – Changes for 179D

Inflation Reduction Act of 2022 – Changes for 179D  The Inflation Reduction Act of 2022 has been signed.  The legislation includes some key changes to §179D that must be addressed. What does this mean for the §179D deduction? This is a big one, so let’s break it...
New IRS Regulations for R&D Tax Credit Claims

New IRS Regulations for R&D Tax Credit Claims

Research and Development (R&D) is integral to the business ecosystem as it spurs invention, innovation, and progress. R&D is perhaps one of the main drivers of business efficiency and growth since it allows improvements to existing processes, the creation of...
Cost Segregation: What to Expect

Cost Segregation: What to Expect

  Businesses and individuals are always looking for ways to minimize their tax burdens. One way to do this is through cost segregation.    Cost segregation is a strategic tax planning tool that allows businesses and individuals who have purchased, constructed,...