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IRS Extends Work Opportunity Tax Credit

04.01.13
The American Taxpayer Relief Act of 2012 has been amended to extend the Work Opportunity Tax Credit (WOTC) through Dec. 31, 2013, for taxable employers and qualified tax-exempt organizations. Businesses can still take advantage of the WOTC savings, r...
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R&D Credit Extended: Could You Benefit?

03.12.13
Set to expire on Dec. 31, 2012, the research and development tax credit has once again been renewed as a result of the American Taxpayer Relief Act, impacting a wide range of industries, including aerospace, engineering, manufacturing and food pro...
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New Medical Device Tax in Effect

02.07.13
  by Bill Leary, CPA, Director, Tax Group As part of the Patient Protection and Affordable Care Act, a new 2.3 percent federal excise tax on medical devices is now in effect for certain sales and payments made after Dec. 31, 2012. The tax will ...
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