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JLK Rosenberger LLP - 2025-07-23

R&D Expensing Is Back: What the ‘One Big Beautiful Bill’ Means for Your Business

With the recently passed tax legislation nicknamed the ‘One Big Beautiful Bill,’ beginning in 2025 or tax years after December 31, 2024, Section 174’s current-year expensing of research and development (R&D) costs is reinstated permanently. This means instead of capitalizing and amortizing domestic R&D expenditures, you can choose to deduct them fully in the current … Continued The post R&D Expensing Is Back: What the ‘One Big Beautiful Bill’ Means for Your Business first appeared on JLK Rosenberger.

JLK Rosenberger LLP - 2025-07-08

What’s in the ‘Big Beautiful’ Tax Bill: An Overview

Reading Time: 5 minutes The Reconciliation Act, passed by Congress and signed into law by President Trump on July 4, 2025, contains sweeping changes to US tax policy, as well as spending shifts to social, educational, human services, and healthcare programs. The Act, also known as the “One Big Beautiful Bill Act,” carries implications for … Continued The post What’s in the ‘Big Beautiful’ Tax Bill: An Overview first appeared on JLK Rosenberger.

JLK Rosenberger LLP - 2025-07-01

Tax Incentives & Credits for Construction Contractors

Reading Time: 3 minutes 30 seconds Over the last few months, construction companies and contractors have faced new uncertainties impacting their businesses. The Trump administration’s announcement of tariffs on lumber, aluminum, steel, and certain minerals has caused an increase in the price of raw materials and other construction materials. In fact, a recent survey by … Continued The post Tax Incentives & Credits for Construction Contractors first appeared on JLK Rosenberger.

JLK Rosenberger LLP - 2025-06-24

EBSA Common Interest Agreements: What Plan Sponsors Need to Know

Reading Time 3 minutes 15 seconds Plan sponsors have extensive responsibilities under the Employee Retirement Income Security Act (ERISA). They must ensure timely contributions, monitor service providers, and maintain compliance. When potential issues arise, the Employee Benefits Security Administration (EBSA) may open an investigation to review plan operations and fiduciary practices. In some cases, the … Continued The post EBSA Common Interest Agreements: What Plan Sponsors Need to Know first appeared on JLK Rosenberger.

Maximize Tax Savings: R&D Credits for Foreign-Owned U.S. Subsidiaries

The Research & Development (R&D) tax credit is a federal tax incentive designed to encourage innovation through qualifying research activities. While many U.S. companies have utilized the incentive for years, U.S. subsidiaries of foreign companies can also benefit. Eligibility requirements are generally the same, including the need to pass the four-part test and claim Qualified … Continued The post Maximize Tax Savings: R&D Credits for Foreign-Owned U.S. Subsidiaries first appeared on JLK Rosenberger.

Top Cash Flow Killers in the Construction Industry

Reading Time: 2 minutes 25 seconds Maintaining positive cash flow is essential for the financial vitality of a company. While this is true for most industries, it has a special significance for capital-intensive businesses such as construction companies and contractors. Industry companies manage large projects that involve significant upfront costs, requiring a steady stream of … Continued The post Top Cash Flow Killers in the Construction Industry first appeared on JLK Rosenberger.

JLK Rosenberger Wins Marketing Achievement Award with Unique Recruiting Event

IRVINE, CA – May 20, 2025 – JLK Rosenberger received a 2025 Marketing Achievement Award (AAM-MAA) from the Association for Accounting Marketing for its immersive recruiting event, Audit 500. The award was presented at the AAM Summit held May 13 in Phoenix, Arizona. Marketing Director JoLayna Arndt and Marketing Coordinator Jen Luker accepted the award … Continued The post JLK Rosenberger Wins Marketing Achievement Award with Unique Recruiting Event first appeared on JLK Rosenberger.

Earnouts Explained: Tax and Financial Implications You Can’t Afford to Miss

Reading Time: 3 minutes 30 seconds Earnouts and contingent payments are common features of business transactions, particularly in mergers and acquisitions. They allow buyers and sellers to bridge valuation gaps and align incentives, but also introduce complex tax considerations that must be carefully navigated. Earnouts and Contingent Payments Earnouts are contractual provisions in a business … Continued The post Earnouts Explained: Tax and Financial Implications You Can’t Afford to Miss first appeared on JLK Rosenberger.

JLK Rosenberger Named a 2025 Top Firm in the West by Accounting Today

We’re proud to share that Accounting Today has again named JLK Rosenberger a Top Firm in the West in its annual regional rankings. This recognition marks a continued chapter in our firm’s growth story. It reflects the hard work of our team, the strength of our client relationships, and our commitment to delivering forward-looking service. … Continued The post JLK Rosenberger Named a 2025 Top Firm in the West by Accounting Today first appeared on JLK Rosenberger.

Benefits of Outsourced Accounting for Construction Companies

Construction businesses operate in an environment where precision and timing are everything. Managing multiple jobs, coordinating subcontractors, and staying on top of costs are demanding. Add complex billing cycles, compliance obligations, and financial reporting requirements, and the back office can quickly become a bottleneck. Many construction companies are turning to outsourced accounting to keep pace … Continued The post Benefits of Outsourced Accounting for Construction Companies first appeared on JLK Rosenberger.

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