Clik here to view.
Intercompany Service Agreements: Should You Be Collecting Sales Tax?
Related companies often use intercompany master service agreements in order to allocate common costs of doing business among the related entities. Depending on the size and nature of the business...
View ArticleClik here to view.
Start-up Companies, Payroll Taxes, and R&D Credits: What’s the Connection?
Cash is king in the early days of a new company, and you may be able to use federal R&D credits to generate much needed cash during the initial years of your new company.R&D and the QSB...
View ArticleClik here to view.
The Basics of a Special Needs Trust
Caring for a loved one with a disability or extra needs is wrought with many challenges. One of these challenges can be how to leave assets to this beloved after your death in such a way that does not...
View ArticleClik here to view.
Investing in Foreign Mutual Funds? Beware of Filing Requirements and...
So you decided to invest in a foreign mutual fund. At first glance, the US income tax reporting requirements for income received from this investment appear simple: Just report dividends, interest...
View ArticleClik here to view.
Funding, Contracts, and the R&D Credit
When you think of the Research and Development (R&D) Tax Credit, you might focus on the technology involved and costs incurred to create or enhance a product or process. Another important...
View ArticleClik here to view.
Tax Effects of Intercompany Asset Sales: FASB's New Financial Reporting...
ASU 2016-16 Adds Transparency and Simplifies ReportingThe presently prescribed method of accounting for income taxes on the sale of assets between affiliated companies (intra-entity transfers) has in...
View ArticleClik here to view.
Are You a U.S. Resident? (You Might Be For Estate Tax)
“Things as certain as death and taxes, can be more firmly believ’d.” - Daniel DefoeMost U.S. nonresidents are aware these days that if you move to the United States or have U.S. investments, you may...
View ArticleClik here to view.
Got Intercompany Transactions? Transfer Pricing Under Increased Scrutiny
Does your company have intercompany transactions? Do the transactions cross over multiple foreign local jurisdictions?If you answered yes to either of these questions, you may be at risk for a transfer...
View ArticleClik here to view.
Upcoming Tax Reforms and Their Impact on Commercial Real Estate Companies and...
The incoming administration in Washington and the majority in Congress—both from the same political party for the first time in years—indicate that massive tax reform will be a topic of discussion, if...
View ArticleClik here to view.
Transfer Pricing Methods for Intangible Property
In recent years the IRS has focused more heavily on the transfer pricing of intangible property. Section 482 of the regulations provide guidelines so that these controlled transactions are conducted at...
View ArticleClik here to view.
Sales Tax on Software: Complexities Businesses Need to Understand
In today’s technological society, every business is purchasing or licensing some type of software. However, vendors are not always charging sales tax on these purchases, or in some instances, sales tax...
View ArticleClik here to view.
See New York’s Top 10 Tax Credits and Cash Incentives for Startups
Here in New York State, the federal and state governments offer certain types of programs that can incentivize companies as they start and grow their business. Our team recently presented this topic to...
View ArticleClik here to view.
New Tangible Property Regulations Updates: What Taxpayers Need to Know
For taxable years beginning on or after January 1, 2014, all taxpayers with tangible property such as materials and supplies, furniture and fixtures, equipment, and buildings, are required to adopt new...
View ArticleClik here to view.
Tax Deadline Changes Impact Taxpayers and Tax Practitioners
April 15th due date coming up.Historically, tax returns for C corporations have been due on March 15th and those for partnerships have been due on April 15th. Starting with the 2016 tax year, those...
View ArticleClik here to view.
Historic Tax Credits Keep Buffalo's Renaissance Going
The Historic Tax Credit program may be the most powerful tax incentive available to fund the rehabilitation of historic properties. Don Warrant, CPA and Tax Director at Freed Maxick, talked with...
View ArticleClik here to view.
The R&D Tax Credit for Start-ups: There's Still Time to Claim Your Credit
Small start-ups still have time to take advantage of a potentially major tax credit—even if you already filed your taxes for this year.Large companies that rely on the hard sciences or use technology...
View ArticleClik here to view.
Tax Deadline Changes Impact Taxpayers and Tax Practitioners
April 15th due date coming up.Historically, tax returns for C corporations have been due on March 15th and those for partnerships have been due on April 15th. Starting with the 2016 tax year, those...
View ArticleClik here to view.
Historic Tax Credits Keep Buffalo's Renaissance Going
The Historic Tax Credit program may be the most powerful tax incentive available to fund the rehabilitation of historic properties. Don Warrant, CPA and Tax Director at Freed Maxick, talked with...
View ArticleClik here to view.
2017 Pennsylvania Tax Amnesty Program
From time to time, states offer Tax Amnesty Programs. A tax amnesty program is a limited time opportunity for certain taxpayers to come forward with unpaid tax liabilities in exchange for waiver of...
View ArticleClik here to view.
R&D Tax Credit Documentation: What You Need to Know
Companies in many industries can benefit from the Research and Development (R&D) Tax Credit, and you may not be aware that you qualify as well. However, your ability to claim the R&D credit...
View Article