
IRS Issues Guidance on R&E Deductions
The IRS has released transitional guidance (Revenue Procedure 2025-28) on how businesses can apply the One Big Beautiful Bill Act (OBBBA) changes to Section 174 research and experimentation...
The IRS has released transitional guidance (Revenue Procedure 2025-28) on how businesses can apply the One Big Beautiful Bill Act (OBBBA) changes to Section 174 research and experimentation...
The One Big Beautiful Bill Act (OBBBA) brings several important updates to how businesses can deduct meals and entertainment (M&E) expenses. While some rules remain the same, others will change...
An Executive Order signed on March 25, 2025, is set to phase out paper check disbursements and receipts at the Federal level as soon as practicable. Treasury Announces Federal Government Will Phase...