Are Wealth Taxes a Good Idea?
Gold Bars

Massachusetts Senator Elizabeth Warren has suggested the implementation of a “Wealth Tax”. Many people are wondering what that means, and whether such a plan is a good idea. Here is some information about the issue as well as a few notes about our take on this approach.

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It is time to Write to Your Congressperson and Senators! The Shutdown Costs Money for All of Us!

Welcome to the new filing season! The government shutdown is affecting many parts of the administration, including the Internal Revenue Service, which is currently unable to accept new returns, process refunds, update desperately needed changes to the forms as required by law, nor to answer questions from taxpayers. This shutdown hurts everyone, most of all […]

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When Fairy Tales and Tax Law Collide
Fairy Tale

Once upon a time, manufacturing companies in the US got a tax deduction for exporting their manufactured goods to other countries. This was good because wages in America are high compared to other countries. The WTO (World Trade Organization) decided that this policy wasn’t fair to manufacturers in other countries, and so the rules were […]

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Section 41 Research Credit Preserved in New 2017 “TCJA” Tax Overhaul Bill

A special message from our founder Highlights: The Section 41 Research Credit is Preserved Manufacturers, Software Houses and Others are Eligible The Federal Credit Fosters Economic Growth Under TCJA Both Corporations and Pass-Through Entities Benefit from TCJA We have fielded many questions lately about the effect of the new tax legislation, which until recently was […]

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Season’s​ ​Greetings​ ​from​ ​your​ ​friends​ ​at​ ​TCA!

With​ ​all​ ​the​ ​news​ ​developing​ ​in​ ​Washington​ ​about​ ​the​ ​proposed​ ​tax​ ​overhaul,​ ​it’s​ ​important​ ​to remember​ ​that​ ​the​ ​existing​ ​tax​ ​rules​ ​are​ ​fully​ ​in​ ​place​ ​for​ ​the​ ​2017​ ​filing​ ​year.​ ​That​ ​means​ ​that when​ ​you’re​ ​filing​ ​your​ ​taxes​ ​next​ ​year,​ ​it​ ​is​ ​important​ ​to​ ​consider​ ​the​ ​federal​ ​Research​ ​Credit and​ ​the​ ​various​ ​state​ ​credits​ ​that​ […]

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New Support for Manufacturing and Software Jobs in the US!

The federal government took significant steps to improve funding for technical development to domestic companies. A major part of this effort involved the federal Research Credit, which is intended to encourage manufacturing companies, software developers and laboratories to keep engineering, manufacturing and other science-based jobs in the United States. The popular Research Credit program (authorized […]

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