Each year, corporations and pass-throughs across industries fail to claim R&D tax credits because they aren’t aware that many day-to-day activities qualify for this dollar-for-dollar reduction in income tax liability. | 5 most overlooked expenses in R&D credits | | By Jamie Overberg | | Each year, corporations and pass-throughs across industries fail to claim R&D tax credits because they aren’t aware that many day-to-day activities qualify for this dollar-for-dollar reduction in income tax liability. | |
| IRS lets taxpayers use cash, but few people do | | By Michael Cohn 3 min read | | The Internal Revenue Service introduced a new payment option in 2016 that lets individuals pay their taxes with cash at participating retail chains, but less than 700 payments have been made each year since the option was made available, according to a new report. | |
| IRS sees spike in data breaches for tax pros this year | | By Michael Cohn 2 min read | | The Internal Revenue Service urged tax professionals and taxpayers to use the free, multi-factor authentication feature offered on tax prep software, as nearly two dozen firms reported data thefts so far. | |
| Tax-prep analyst sees more free filers hampering revenue growth | | By Andres Guerra Luz 2 min read | | Tax-preparation software companies face headwinds for the revenue they get from each tax return this year due to the combined effect of a rising mix of free filings and lower need for services that assist do-it-yourself filers, according to Morgan Stanley. | |
| SPONSOR CONTENT | | Podcast: Tax Rules Just Got A Lot More Complicated | | On the surface, 199A and 163(j) seem pretty straightforward but looks can be deceiving. The 2017 Tax Cuts and Jobs Act raises thorny new questions for even the simplest pass-through entities. | |
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