Amending Corporate Tax Returns with Form 1120X
Filing corporate tax returns can be a complex and time-consuming process for businesses. Mistakes can happen, leading to missed opportunities for tax incentives and credits. Fortunately
Claiming Tax Incentives – S Corp vs. C Corp vs. LLC: A Comprehensive Guide
Tax incentives are an essential part of business operations in the United States. They provide a powerful source of financial support for businesses
How Can the Inflation Reduction Act Benefit Healthcare Facilities?
The Inflation Reduction Act (IRA) was signed into law last summer in an effort to stem the rising inflation. Within the IRA was an enhancement to the 179D Energy Efficient Commercial Buildings Deduction. 179D itself is essentially providing an incentive for organizations to use more energy efficient technologies for their buildings.
The Big Section 179D Tax Court Win for Designers
Alliantgroup recently won a major decision in U.S. Tax Court where the court wholly validated alliantgroup’s 179D process.
Sec. 179D Scores Wins in Congress, Tax Court, Tax Pro Says
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.
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.
Small-Business Tax Changes and Tips to Know in 2023
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.
How to Claim Section 179D Energy Efficient Tax Deduction
With the 179D tax deduction, taxpayers can now claim $5.00 per square foot on government buildings by making efficiency improvements.