United States

The Tax Exchange - February 2017

Research tax credit: Increased scrutiny follows credit permanence

Research tax credit: Increased scrutiny follows credit permanence

We’ve seen an increase in business interest in the research and development (R&D) tax credit since it was made permanent by the Protecting Americans from Tax Hikes Act of 2015.

  • February 27, 2017
More states requiring driver's license data as e-file fraud protection

More states requiring driver's license data as e-file fraud protection

Taxpayers and preparers may be required to provide state driver’s license information as an increasing number of states include the mandate in order to e-file state returns. In the past few years, the progression of technology and ease of e-filing has created convenience for both states and taxpayers.

  • February 22, 2017
Pennsylvania proposes budget changes

Pennsylvania proposes budget changes

Recently, Pennsylvania Gov. Wolf announced his proposed budget for the Commonwealth’s fiscal year. The estimated deficit for the Commonwealth is approximately $3 billion through the next two fiscal years – one of the largest potential deficits of any state this budget season.

  • February 16, 2017
Co-sourcing and the corporate tax function: Getting it right

Co-sourcing and the corporate tax function: Getting it right

We are frequently called in to meet with companies that are looking to outsource or co-source their tax function. For many, the decision to take that approach has already been made and the company is simply evaluating providers, looking for the right fit.

  • February 08, 2017