House Republicans on Monday night voted to slash funding for the IRS, following a pledge from newly-elected Speaker Kevin McCarthy to repeal the money approved by Congress last year.
The measure, one of the new majority’s first legislative moves, would cut billions in funding that Democrats passed to help crack down on tax cheats. It does not have enough votes to pass the Senate
This summer, gas prices soared while inflation skyrocketed to a new 40-year high, putting a squeeze on American consumers who were just beginning to fully reengage with the market in the wake of the pandemic.
alliantgroup was named Houston Business Journal’s ‘Best Place to Work’ for 2021! Once again, alliantgroup has been recognized for their commitment to creating a vibrant culture where professionals can collaborate, grow and thrive together. This time, however, alliantgroup came in first place in the large company category.
In a decision that is being regarded as a major win for U.S. business owners, in the case of Suder v. IRS, the U.S. Tax Court has reaffirmed recent judicial precedent with respect to the R&D tax credit, reaffirming that businesses that are building on the work of others or performing applied research may be eligible to claim the incentive.