The Employee Retention Credit (ERC) was a pandemic-era tax benefit created to support businesses that kept employees on payroll while COVID-19 disrupted...Read More
The IRS has introduced a simpler way for certain businesses to request additional time to resolve denied Employee Retention Credit (ERC) claims, potentially avoiding the need to go to court.Read More
If you work with clients who claim the federal R&D tax credit, pay attention. There are big changes for the 2026 tax year. The IRS revised the...Read More
Senator Bill Cassidy, with the support of a bipartisan group, introduced S.492, or the “Improve and Enhance the Work Opportunity Tax Credit Act,” designed to strengthen the WOTC.Read More
On August 28, the IRS released Rev. Proc. 2025-28, which provides procedures for making certain elections related to the treatment of domestic research and experimental (R&E) expenditures under the One, Big, Beautiful Bill Act (OBBB).Read More
The House Budget Committee voted late last night to advance the “One, Big, Beautiful” bill to the House Rules Committee, which is scheduled for Wednesday, May 21st. If the bill and any amendments are approved by the Rules Committee, the House could vote on the bill by later this week.Read More
The House Budget Committee voted late last night to advance the “One, Big, Beautiful” bill to the House Rules Committee, which is scheduled for Wednesday, May 21st. If the bill and any amendments are approved by the Rules Committee, the House could vote on the bill by later this week.Read More