The One Big Beautiful Bill (OBBB), signed into law on July 4th, includes a pivotal provision reversing the requirement for companies to amortize R&D expenses—a policy first implemented in 2022. The new law restores full expensing of domestic R&D costs beginning in 2025 and provides retroactive relief for small businesses with less than $31 million in revenue,
Treasury Secretary Janet Yellen addressed a group of Internal Revenue Service employees Tuesday as the agency fends off budget cuts pushed by House Republicans.
Meet Xiwen Huang, a recipient of the alliantgroup Greater Houston Area STEaM Scholarship Program! Her remarkable academic achievements, passion for mathematics and determination to break barriers make her a shining example of the potential that lies within young women in STEM and accounting fields.
Jadon Ogala is committed to creating a more sustainable world through renewable energy. This drive has earned him one of the alliantgroup Black Collaborative STEaM Scholarships in 2024. Having recently graduated from Foster High School in Richmond, Texas, Jadon will attend Howard University in Washington, D.C.,
While Gen Z might have a stigma against them in the workplace and employers are already firing them in droves, business experts are warning companies not to let go of their younger employees just yet.
In today’s business world, companies are scrambling to harness the potential of Generative AI. But amidst the excitement, many find themselves unsure of how to maximize the impact of this new technology.
The agricultural industry is no stranger to innovation. From advanced machinery to sustainable farming practices, farmers and business owners continually seek ways to improve efficiency and productivity.
As businesses worldwide race to integrate AI into their operations the biggest roadblock may not be a tech issue but a hiring one.
Whether we like it or not, there is incredible pressure on businesses to adopt AI. That pressure is only increasing as AI spending is expected to grow by nearly 30% over the next four years.
The passage of the Affordable Care Act (“ACA”) made it so that certain taxpayers, including Applicable Large Employers (“ALEs”), are required to file IRS Forms 1094-C and 1095-C annually, where they report information regarding health care coverage offered to employees. Below are common questions that arise concerning taxpayer filing obligations related to Forms 1094 and 1095.
The latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most of those forms are likely Employee Retention Credit (ERC) refund claims.