Credits

Interplay between Sec. 174 and Sec. 41 for software development activities

Taxpayers should note the interplay between tax accounting methods and tax credit eligibility when choosing to adopt or change their method specific to software development activities.

Now and Later: GAAP vs. Tax Treatment of the Reinstated R&D Credit

The late reinstatement of the R&D credit has a key effect on the U.S. GAAP treatment of the credit on businesses’ 2012 financial statements.

Newsletter Articles

Tax Clinic

Application of Sec. 199A deduction to health care

Executive compensation planning for tax-exempt organizations

Income taxation of trusts and estates after tax reform

Taxpayers potentially subject to the new ‘BEAT’

PRACTICE MANAGEMENT

Tax software survey

Our annual survey offers a look at how CPAs judged their tax preparation software in a wide range of types of practices.

NEWS

Congress enacts tax reform

Here are many of the most important provisions in the new law that affect both individual taxpayers and businesses. All changes were effective Jan. 1, 2018, except as noted.

Magazine