Tax Reform

The Inflation Reduction Act – What US Companies and Individual Taxpayers Need to Know

At a glance The main takeaway: On August 16, 2022, President Biden signed the Inflation Reduction Act into law. The $750…

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Taxpayers – Act Fast if You Want to Benefit from the IRS COVID-Related Penalty Relief

At a glance The main takeaway: On August 24, 2022, the IRS announced it will waive failure to file penalties for…

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State & Local Tax (SALT) Newsletter May 2022

https://info.aprio.com/aprio-salt-newsletter-must-know-state-tax-news-for-your-business-3

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What’s All the Talk About a $10 Million Tax-Free Capital Gain?

Shareholders in qualified small businesses (“QSBs”) may be eligible for a 100% tax exclusion due to an often-overlooked section of…

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Will You Be Able to Deduct R&D Expenses in the Future?

At a glance The main takeaway: The tax legislation passed in 2017 removed the immediate expensing of R&D costs beginning…

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Tax Update: New Guidance on New York’s Pass-Through Entity Tax Credit

At a glance The main takeaway: New York State just recently provided some additional guidance on its pass-through entity tax credit,…

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Healthcare Providers: What to Know About the New Stark Law Rule Revisions

At a glance: The main takeaway: Group practices must adhere to new revisions to the Stark Law rules by January…

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An Update on the Wayfair Decision: And Then There Were None

By: Jeff Glickman, SALT Partner At a glance: Wayfair news: As we approach the three-year anniversary of the South Dakota…

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Possible Tax Implications of President Biden’s American Families Proposal

At a glance: President Biden is proposing major investment and infrastructure spending programs, which, if passed, will be offset by…

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IRS Declines to Extend Due Date for First-Quarter Estimated Tax Payments

At a glance: The IRS has confirmed its extension of the filing due date for 2020 individual income tax returns…

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