Absence Of Confirmed Tax Heads Could Hinder Major Projects
Without Senate-confirmed leaders, the DOJ’s Tax Division and the IRS Office of Chief Counsel are reluctant about taking up significant tax projects.
Supply Chain Issues for CPA Firms???
Even CPA Firms Are Facing “Supply Chain” Issues. It is no secret that the US is facing a serious shortage of accounting professionals which will result in severe circumstances for the CPA profession and the market for CPA firm services. The latter point is always overlooked.
R&D Tax Credit for Software Development Firms
Software development firms are easily one of the largest businesses that can benefit from the Research and Development (R&D) tax credit because of their significant investment in innovation and the development of new technologies.
IRS commissioner nomination advances amid debate over $80 billion agency funding
The Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner amid fierce debate over the agency’s $80 billion in funding.
2022 STEAM Advocate of the Year Award
alliantgroup CEO, Dhaval Jadav, was awarded the 2022 STEAM Advocate of the Year Award by the Greater Houston Women’s Chamber of Commerce for our firm’s commitment to STEM education.
alliantgroup Celebrates Win for Taxpayers as U.S. Tax Court Judges Rule Against Key Arguments Raised by the IRS
alliantgroup, the nation’s premier consulting firm for small and medium-sized businesses, is celebrating a historic win for taxpayers. The U.S. Tax Court issued a precedent-setting opinion on IRC sec. 179D for alliantgroup’s client.
Do You Qualify For These Green Tax Breaks? Tips from a Top Accountant
The Inflation Reduction Act offers some incentives for clean companies. It’s tax time, and companies nationwide are looking for sustainable write-offs to help soften the blow and reduce their carbon footprint.
Businesses can still claim the Employee Retention Credit
Getting refunds on your taxes can be exciting but waiting for your refund is a different matter. Whether you are a seasoned attorney with years of experience or you are submitting your taxes for the first time, the IRS refund process can seem slow. So what can you do about it?
Section 179D – Tax Incentives For Energy Efficient Buildings — Good News From Congress And The Courts
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.
IRS commissioner nominee to ensure that America’s highest earners comply with tax laws. Here are the key takeaways from Senate hearing
President Joe Biden’s nominee to lead the IRS answered questions during a Senate Finance Committee hearing this week, highlighting key issues from lawmakers on both sides of the aisle.