Tax Updates

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Tax Updates
SBIR STTR program expiration

FEDERAL ALERT: SBIR and STTR Program Expiration

The landscape for American innovation has hit a sudden and significant roadblock. As of midnight on September 30, 2025, the legislative authority for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs officially lapsed. This SBIR and STTR program expiration has triggered immediate and severe consequences for federal innovation and commercialization […]
SBIR STTR program expiration

FEDERAL ALERT: SBIR and STTR Program Expiration

The landscape for American innovation has hit a sudden and significant roadblock. As of midnight ...

R&D costs

Updated R&D Costs Treatment Rules per the OBBB & Other Guidance 

Tax years 2022 and Onward  Per the One Big Beautiful Bill, all U.S. companies can immediatel...

OBBB

OBBB Tax Reform: What it really means for businesses

On July 4, 2025, after months of deliberation and negotiation, lawmakers enacted “The One Big, Be...

Sales Tax Shake-Up: Utah Simplifies Nexus, Florida Mulls Cuts, and L.A. Hikes...

Utah to Eliminate Transaction Threshold for Economic Nexus  Starting July 1, Utah will remov...

Filing Protective Refund Claims for Maryland’s Digital Advertising Tax as Sta...

Overview of Maryland’s Digital Advertising Tax (DAT) Since January 2022, Maryland’s Digital Adver...

Massachusetts, Kansas, and Alaska Change Sales Tax Rules

Alaska Streamlines Sales Tax Rules. Discover what that means for remote sellers as well as tax ch...

Arizona to Refund $85 Million in Invalid Pinal County Sales Tax 

On March 11, 2024, the Arizona Department of Revenue announced updated procedures for refunding o...

Ohio Commercial Activity Tax

Critical Developments: New Updates on Tax Exemptions for Durable Medical Equi...

The South Carolina Supreme Court recently invalidated a sales tax statute under the Commerce Clau...

Supreme Court Weakens Shield for Taxpayers

In Uline, Inc. v. Commissioner (Minn., No. A23-1561, 2024), the court determined the market resea...

ERC Claim Update, The Pendulum Swings:  IRS Currently Reviewing Claims From S...

On August 8, 2024, the IRS provided an update on the status of Employee Retention Tax Credit (“ER...

Senate Blocks Tax Relief Bill: Section 174 Capitalization and Amortization Ru...

Although many of us had hoped for Congress to pass the bill known as “The Tax Relief for American...

Supreme Court Ruling Ends Chevron Deference, Altering IRS Authority on Ambigu...

The Internal Revenue Service’s interpretation of ambiguous tax laws may no longer be authoritativ...