Search Results

Alert
PPP Loans for Large Not-for-Profits: Expanded Eligibility, Deadlines, and More
Apply before March 31 to benefit from the expanded Paycheck Protection Program (PPP), which makes $7.25 billion available.
More
Article
2020 Election: A Comparison of Proposed Tax Policies from Trump and Biden
Review current tax law as well as proposed changes from President Donald Trump and Democratic nominee Joe Biden.
More
Article
Latest Developments Regarding Tax-Exempt Status Applications
For the last several years, applications for tax-exempt status sat in a seeming black hole of IRS backlog and political maneuvering. We look at what’s happening now, including 1023-EZ applications, 501(c)(4) exemption applications, and more.
More
Article
Making Wine? A California Incentive for Manufacturers Could Lighten Your Tax Load
Though you may not think of your winery as a manufacturing operation, it likely qualifies for California’s new partial tax exemption for manufacturers. The incentive reduces the tax rate on qualified expenditures by approximately 55 percent.
More
Alert
Court Ruling Emphasizes Importance of Reviewing R&D Contract Terms Before Claiming Tax Credits
A US Court of Federal Claims judge ruled that engineering firm Dynetics didn’t bear the financial risk of failure under R&D contracts it performed for its customers. As a result, it wasn’t eligible to claim R&D tax credits. Details in this Alert.
More
Alert
Proposed Deferral of Revenue Recognition Changes
The Financial Accounting Standards Board voted to issue a proposal that would defer the effective date for the new revenue recognition standard by one year for both public and nonpublic entities. Details and proposed effective dates in this Alert.
More
Alert
Secure Your Refund for Overpayment of San Francisco Gross Receipts Tax
If you overpaid your San Francisco gross receipts tax, be sure to claim a refund within the statute of limitations. See our Alert for details.
More
Article
New Law Removes Withholding Tax Rate Benefit for US S Corporations in Germany
Withholding tax rates on US S corporations with shares in German companies will increase from 5 percent to 15 percent. Read details in our Insight.
More
Alert
Steps to Take if Your Business Has an Unclaimed Property Reporting Requirement
Every state has a program requiring businesses to report abandoned property they hold but don’t own. We cover steps to take before the November 1 deadline for filing unclaimed property reports.
More
Article
Q2 Tax Update for Technology, Clean Technology, Life Sciences, and Communications and Media Companies
In this Q2 update, we cover important tax issues for companies in technology, clean technology, life sciences, and communications and media, including what your organization can do to stay ahead.
More
Alert
Last Chance to Retroactively Screen Hires for Work Opportunity Tax Credits—Forms Due September 29
New IRS guidance allows taxpayers to retroactively screen employees hired between January 1, 2015, and August 31, 2016, for the renewed Work Opportunity Tax Credit (WOTC). Forms are due September 29.
More
Alert
Increase Password Security with New Guidance from NIST
NIST provides new guidance revising its long-standing best practices for password security.
More
Alert
Arizona’s Simplified Sales Tax Reporting Isn’t That Simple
Arizona’s simplified centralized licensing and reporting of its Transaction Privilege Tax (TPT) in reality provides little relief for businesses. Our Alert has details.
More
Article
First Rule of Nursery Transactions for Buyers: Know What You’re Getting
Buyers of a business are often more experienced at transactions than sellers, but tax and other issues can still catch them by surprise. We give an overview of areas to watch.
More
Article
How Eligible Small Businesses and Individuals Can Offset AMT with R&D Tax Credits
Learn how eligible small businesses and individuals can offset alternative minimum tax (AMT) with R&D credits.
More
Article
Take Advantage of Often-Overlooked Qualifying R&D Supervisory and Support Activities
Learn about three often-overlooked R&D tax credit opportunities related to the direct supervision and support of research activities.
More
Alert
Tax Withholding Tables for 2018 and Provision Extensions Provide Tax Incentives for Tribes
Tax withholding tables can be used on 2018 gaming distributions, and provision extensions bring tax incentives for tribes.
More
Alert
Tax Reform’s New GILTI Tax May Hurt Individual Investors
The Tax Cuts and Jobs Act contains a new tax that’s easy to overlook, but may affect individual and other non-C corporation investors.
More
Article
State Income Tax Implications of the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act has far-reaching implications for businesses and individuals that pay state income taxes. Our Insight has the details.
More
Alert
Washington B&O Tax Advisory for Telecommunication Support Payments
Excise tax advisory from the Washington Department of Revenue explains taxes on telecommunication support payments.
More

Baker Tilly US, LLP, Baker Tilly Advisory Group, LP and Moss Adams LLP and their affiliated entities operate under an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly Advisory Group, LP and its subsidiaries, and Baker Tilly US, LLP and its affiliated entities, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP and Moss Adams LLP are licensed CPA firms that provide assurance services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ISO certification services offered through Moss Adams Certifications LLC. Investment advisory offered through either Moss Adams Wealth Advisors LLC or Baker Tilly Wealth Management, LLC.