TaxConnections

Ask Tax Question
Can Someone Please Provide A Legislative Update From The Hill Regarding The Film Incentive Reform Act Of 2014?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Rep. Collin Peterson, D-Minn., has introduced new legislation that if passed into law would amend I.R.C. § 181 to disqualify certain movie and television producers from receiving tax incentives from the federal...   Read More
Can Someone Please Explain How To Quantitatively Compute Start-up Companies "Fixed Base Percentages" In Connection To The Federal-...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, for a start-up company, I.R.C. § 41(c)(3)(B) establishes a fixed-base percentage calculation for companies that incorporated after December 31, 1983, or had fewer than 3 years with qualified research...   Read More
Does The United States Have A Tax Incentive Program For Movie Production?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, the United States has a highly advantageous tax incentives program for movie production. Movie Production Incentives (hereinafter “MPIs”) are tax benefits offered on a state-by-state basis throughout the...   Read More
I Would Greatly Appreciate If Someone Could Differentiate Between A Cost Segregation Engagement And A Construction Tax Planning Engagement....
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, there are several noteworthy differences between a Cost Segregation Engagement and a Construction Tax Planning Engagement. A Cost Segregation Engagement will methodically review property, plant and equipment...   Read More
Does The United States Have A Tax Incentive Program For Renovating Older And Historic Buildings? Are Their Additional Tax Incentives...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, The United States has a Historic Preservation Tax Incentives Program with tax incentives available at both the federal-level and multi-state levels. The Historic Preservation Tax Incentives Program, jointly...   Read More
Did The Service Recently Release Final Regulations Relating To The Requirements For Filing Certain Employee Retirement Benefit Plan...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, the Department of Treasury has recently released Final Treasury Regulations in connection to the requirements for filing certain employee retirement benefit plan statements, returns and reports on magnetic...   Read More
Has The Department Of Treasury Issued The Final Treasury Regulations Governing Local Lodging Expenses? If So, What Date Are These Final...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, on September 30, 2014, the Department of Treasury issued Final Treasury Regulations relating to the deductibility of expenses for lodging when an individual is not traveling away from home (i.e., local lodging)...   Read More
Can The U.S. Federal-Level Research & Experimentation Tax Credit Be Applied Against Payroll Taxes Similarly In Other Countries Around...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Currently, the U.S. Federal-Level Research and Experimentation Tax Credit cannot be applied against federal payroll taxes. However, there is current legislation on Capitol Hill that could change the current statute...   Read More
I Would Appreciate A Legislative Update From Capitol Hill In Connection To The Film Incentive Reform Act Of 2014. Thank You In Advance For...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Rep. Collin Peterson, D-Minn., has introduced new legislation that if passed into law would amend I.R.C. § 181 to disqualify certain movie and television producers from receiving tax incentives from the federal...   Read More
I Need A Synopsis Of State-level Movie Production Tax Incentives? Are The Tax Incentives Transferable Or Refundable?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Movie Production Incentives (hereinafter “MPIs”) are tax benefits offered on a state-by-state basis throughout the United States to entice, as applicable, in-state film production and post-production activities....   Read More

View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page

Log into Tax Connections

Not a member?    Register Now For a Free Account
I've forgotten my password
Contact Us Today