For construction and engineering professionals, it’s a happy day. The realities of American politics have not seen much partisan agreement, but Congress managed to agree on something recently: If your work relates to energy-saving design and engineering, then your business may be entitled to a very lucrative tax deduction.
HOUSTON, Feb. 11, 2016 /PRNewswire/ — Near the end of last year, Congress passed and the president signed into law the Protecting Americans from Tax Hikes (PATH) Act, a broader,…
On December 18, the president signed into law tax extenders legislation that will extend over 50 expired provisions of the tax code, including several key pro-business initiatives.
HOUSTON, Dec. 17, 2015 /PRNewswire/ — Yesterday, Congress reached a deal on tax extenders legislation that will extend over 50 expired provisions of the tax code and will expand and…
The tax deal just put forward by Congress not only makes the R&D Tax Credit permanent but also includestwo key changes to the R&D Tax Credit which will be of enormous benefit to innovative small businesses—andespecially start-ups. Business owners need to pay close attention.
Late last night, the House Ways and Means Committee Chairman, Congressman Brady (R-TX), put out aproposed two-year extenders bill (along with a significant number of other provisions) that appears to be “thedeal.”
The Energy Efficient Commercial Buildings Tax Deduction (179D) is a section of the tax code that rewards the design and installation of energy-efficient interior lighting, HVAC or building envelope systems in commercial buildings.
BY MICHAEL SIEGEL, alliantgroup Managing Director NOVEMBER 7, 2015 Time to start thinking about the tax bill that comes due next spring. Michael Siegel of alliantgroup explains how to identify…
From November 9th-10th, U.S. Congressman Kevin Brady (R-TX) and over 100 professionals, including current and former heads of state, executive officers and leaders of U.S. businesses, CPA partners and business advisors from across the nation gathered for alliantgroup’s Economic, Legislative & Policy Summit—the latest event in alliantgroup’s ThinkTank series. During the two day event, economic and policy experts gathered to provide their forecast for anticipated legislative action, U.S. economic performance and tax policy issues that will be front and center during the end of the year and into 2016.
Time to start thinking about the tax bill that comes due next spring. Michael Siegel of alliantgroup explains how to identify those practices that will qualify for this valuable credit and take advantage of one of the most generous tax incentives out there.