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- Understanding The Alternative Simplified Credit Calculation For R&DBy Rachel BishopThe Research and Development (R&D) Tax Credit is a valuable incentive offered by the US government to encourage innovation. However, calculating this credit can involve complex formulas and […]
- Learn How To Staff Your Tax Practice And Get Work Done In Today’s MarketBy Kat JenningsMany of you have shared with us this tax season was a challenging one for many tax firms due to lack of tax staff with three to five years of experience to support Tax Managers, Tax Directors, and […]
- IRS Seeks Membership Nominations For The 2025 Internal Revenue Service Advisory CouncilBy Peter J. ScaliseOn Thursday, April 18th the Internal Revenue Service announced that it is now accepting applications for the 2025 Internal Revenue Service Advisory Council (hereinafter “IRSAC”) through May 31, 2024, […]
- California’s AB 2829 Digital Advertising Tax ProposalBy Dan ThompsonCalifornia has proposed a new digital advertising tax (AB 2829) that has been met with mixed reactions from businesses and consumers alike. If passed, the tax would be levied on large-scale […]
- The Tax Relief for American Families And Workers Act of 2024By TaxConnections AdminPart 1: Tax Relief for Working Families Calculation of Refundable Credit on a Per-Child Basis. —Under current law, the maximum refundable child tax credit for a taxpayer is computed by multiplying […]
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