2709, 2018

What Congress Might Do On Taxes Before Christmas

By |September 27th, 2018|From the desk of Dean Zerbe, R&D, Software|0 Comments

September 27, 2018
by Dean Zerbe for alliantgroup
Published in Forbes

I recently wrote on the taxpayer rights/tax administration provisions that the Congress may pass before the end of the year – and now want to turn to the individual (mostly) and retirement tax provisions that Congress is considering as well.

The House Ways and Means Committee chaired by Congressman Brady (R-TX) recently passed – and the House is expected to pass shortly – three tax bills: HR 6760 – essentially an extension/permanency of the families/individual provisions from tax reform; HR 6757 – improvements in retirement savings; and, HR 6756 – a small bill to help start-ups.

While the extension of the individual provisions is a big lift and the outlook is very uncertain (with the received wisdom being that this will be put-off until down the road when the provisions are closer to expiring – 2025) – the possibilities of passing retirement provisions […]

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2109, 2018

GDPR: How To Get Personal (Data)

By |September 21st, 2018|R&D, Software|0 Comments

September 21, 2018
by Mike Davis for alliantgroup
Published in The Data Center Journal

The EU’s General Data Protection Regulation (GDPR) passed into law on May 25, 2018. It implements data-protection laws affecting anyone who processes personal data of EU-based individuals—that is, most businesses worldwide. Many organizations have already started their journey to comply with the GDPR, which regulates the security and privacy of an individual’s data safety. With this new legislation affecting companies all over the globe, and the recent news of California passing similar restrictions, it’s never too late to start on privacy compliance and to better understand GDPR as it relates to your business.

GDPR: The Basics

Given the vast amount of business done online, it’s clear that the GDPR has an international reach. GDPR requirements not only apply to businesses in the EU, but they also apply to the processing of personal […]

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609, 2018

What Tax Reform Means for Software and Tech: Four Things to Look for Next Tax Season

By |September 6th, 2018|R&D, Software|0 Comments

September 6, 2018
by Tracy Lustyan for alliantgroup
Published in Software Magazine

Tax season has come and gone, but for software and tech companies, next year’s season is when these businesses will feel the most substantial impact of the recent tax reform bill. With many of the most important provisions from the legislation set to take effect in tax year 2018—meaning next tax season—now is the time for executives to review the new opportunities that exists for both big tech and startups.

Here we highlight a few segments of the bill and a breakdown of its anticipated impact on software and tech companies.

Reduced Rates for Corporations
The new law slashes the corporate tax rate down from 35 to 21 percent and completely eliminates the corporate Alternative Minimum Tax (AMT). Both modifications are permanent.

Beneficiaries 
Both provisions are obviously great news for big-time tech companies, with the reduced rates putting […]

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609, 2018

What Congress Might Do On Taxpayer Rights And Tax Administration In The Next 120 Days

By |September 6th, 2018|From the desk of Dean Zerbe, R&D, Software|0 Comments

September 4, 2018
by Dean Zerbe for alliantgroup
Published in Forbes

The House and the Senate tax-writing committees have been working on (and the House has passed) some small-ball bipartisan tax legislation that can be grouped into two parts: 1) provisions that address taxpayer rights and tax administration; and, 2) provisions that are making substantive changes to the tax laws in areas such as retirement/401(k), education, etc. In addition, tax extenders (especially energy extenders) is in the conversation as well. There is a good possibility that Congress acts on this legislation (all, or in part) before the end of year.

For this article, a look at the taxpayer rights/administration legislation – and in a second article an overview of the substantive tax law changes being proposed.

The House

The House has passed a number of taxpayer rights/tax administration bills – primarily

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