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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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IRS Cracking Down on Form 1099 Reporting

01.31.13
by Bill Leary, CPA, Director, Tax Group, Doeren Mayhew As we approach February, taxpayers need to consider whether they are required to file information returns (Form 1099s) with payees and the Internal Revenue Service (IRS) by Feb. 28, 2013. The IRS...
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