The Employee Retention Credit is the most powerful credit available to businesses nationwide. But with scams and unreliable providers on the rise, there are growing concerns, which has led to the IRS moratorium on ERC to protect honest taxpayers.
alliantgroup recently hosted our annual SPARK Award luncheon to recognize elementary science teachers from across the State of Texas. The ceremony was held at alliantgroup’s global headquarters in Houston, Texas.
U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12.5% in the first quarter, according to investment firm Seraphim Space.
Laura Lynn Gonzalez expected a tax refund this year, after her two-employee data-visualization company experienced a $30,000 loss. Instead, she said, she is facing a $100,000 federal tax bill that is about as large as her 2022 salary.
Working with a tax professional can help you understand what tax credits you qualify for and how to claim them. Tax season brings rule changes for business owners, and this year is no different.
Learn more about her inspiring story and how she plans to shape the future with her passion and sense of purpose. Discover how alliantgroup’s Blue Heart Fund and alliantgroup STEaM (science, technology, engineering, accounting, and math) Scholarship Program is lighting the spark for the next generation of engineers, scientists, and finance professionals.
Every business is seeking to integrate generative AI and automation into its operations. Machine builders, systems integrators and machine shops are no exception.
There has recently been a fair amount of activity in the world of Section 179D – an important tax incentive for energy efficient building design. As background, in 2005, Congress enacted Section 179D of the Internal Revenue Code, – the energy efficient commercial building deduction – in an effort to impact the country’s largest consumer of energy, our buildings, and to encourage and incentivize the construction (including rehab) of greener buildings.
On top of helping businesses grow and thrive, alliantgroup also cares about ensuring the people that fill them lead healthy and fulfilling lives.
Recent legislation and litigation involving the property deduction for energy efficient building projects should be seen as two major victories for taxpayers, particularly designers and contractors, according to a tax professional at a consulting firm specializing in the benefit.