by Drew Haddock | Jul 11, 2023 | Business Consulting, Real Estate & Construction, Tax, Tax Consulting, Tax Watch
On June 13, 2023, the Ways and Means Committee of the U.S. House of Representatives voted favorably on H.R.3937, the Small Business Jobs Act (SBJA). Supporters say the bill would help small businesses and gig economy workers, encourage small business investment and...
by Drew Haddock | Jan 23, 2023 | Tax Watch
Effective for tax years beginning after 2021, all research and experimental (R&E) expenditures paid or incurred in connection with a trade or business are required to be capitalized and amortized for tax purposes. This was a revenue raising item in the Tax Cuts...