TaxConnections

Login | TAXPAYERS | TAX PROFESSIONALS-START HERE
Ask Tax Question
What Is The Latest Status Of The Tax Extenders Package On Capitol Hill?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

On December 3, 2014, the House of Representatives made the latest move in this year’s epic congressional tax extenders showdown with the Senate, passing a bill entitled the “Tax Increase Prevention Act of 2014...   Read More
What Are Some Of The Primary Energy Tax Incentives That Still Need To Be Reinstated As Part Of The Tax Extenders Legislation On The Hill?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

The energy tax incentives that previously expired on December 31, 2013 and are part of the overall tax extenders package include, but are not limited to: • Tax Credit for the Construction of New Energy...   Read More
Please Provide A Synopsis Of The Pivotal Trinity Industries Judicial Interpretation Involving The R&D Tax Credit.
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Trinity Industries, Inc. v. United States was certainly a pivotal judicial interpretation most recently heard by the Fifth Circuit Court in July of 2014 with a myriad of issues under deliberation including, but...   Read More
Please Explain How To Quantitatively Compute Start-up Companies "Fixed Base Percentages" In Connection To The R&D Tax Credit.
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

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 expenditures...   Read More
Has The Research And Experimentation Tax Credit Been Retroactively Renewed And Made A Permanent Provision Within The Code Yet?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

No, however, back on September 22nd, The House of Representatives passed, by a vote of 253 to 173, HR 4 entitled “The Jobs for America Act of 2014” (hereinafter “JAA”) , which would simplify and make...   Read More
Can The Research & Experimentation Tax Credit Be Applied Against Payroll Taxes?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Currently, the 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 to allow this...   Read More
When Is Rev. Proc. 2014-61 Set To Be Published Within The IRB?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

The Internal Revenue Service released on October 31st new administrative authority for calendar year 2015 within Revenue Procedure 2014-61 that makes adjustments to more than 40 tax provisions, including the tax...   Read More
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 Provide A Synopsis Of Multi-state 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
Can Someone Please Provide A Synopsis Of The United States Historic Preservation Tax Incentives Program?
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

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