In an extended game of unintended consequences, some U.S. corporations are facing uncertainty that may result in moving R&D operations outside the U.S.  The 2017 tax law changes didn’t account for existing rules that require certain U.S. business expenses to [...]

Tax filing time has arrived and so have the typical string of articles describing how the mega-corp. du jour is paying $0 in taxes despite billions in revenue.  The truth behind why a company, in this case Amazon, has no [...]

Bringing a New Chemical Entity (NCE) to market is an extraordinarily expensive endeavor.  According to a Tufts University study (and validated by many other sources) bringing an NCE to market can now cost upward of $2.5 billion...a 145% increase since [...]

According to a December 19, 2018 Treasury Inspector General for Tax Administration (TIGTA) report, the IRS does not currently have processes in place to identify small businesses that do not meet the eligibility requirements and dollar limitations for claiming the [...]

Wisconsin Act 59, which was passed in 2017, allows for a portion of the Wisconsin R&D tax credit to be refundable. Effective for tax years beginning on or after January 1, 2018, the refundable portion is the lesser of 10% [...]

For start-ups, tax filing season can feel like an unnecessary formality and waste of time. For ventures still generating Net Operating Losses (NOLs), taxable income seems like a far-off concern to be dealt with another day. Unfortunately, start-ups with this [...]