Accounting Solutions Ltd.

The IRS Criminal Investigation Division Refocuses On Businesses Like Yours

The IRS Criminal Investigation Division Refocuses On Businesses Like Yours The Internal Revenue Service’s Criminal Investigation Division (CID) is returning to its traditional priorities after being sidetracked last year and expanding it’s scope. It helped immigration enforcement efforts while leveraging artificial intelligence. In a talk at the NYU Tax Controversy For...

Research & Experimental Expense Changes Affect a Large Number Of Small Businesses

Research & Experimental Expense Changes Affect a Large Number Of Small Businesses If your business has Research & Experimental (R&E) Expenses, recent tax law changes may affect how you deduct those costs and whether you can claim relief for prior tax years. The One Big Beautiful Bill Act (OBBBA) changed the tax treatment of certain domestic and foreign R&E Expenses. Prior to OBBB...

New Index Shows That US Has The Most Progressive Tax System Of The Majority Of The Free World

New Index Shows That US Has The Most Progressive Tax System Of The Majority Of The Free World A new study from the Fraser Institute ranks the progressivity of tax systems in Organization for Economic Co-operation and Development (OECD) economies. It found that the US has the most progressive tax system of the 33 countries studied. Measuring progressivity systematically is challenging because...