PKF North America News

News Search

Have a question?

Home News JLK Rosenberger LLP
R&D Tax Credit for Manufacturers
JLK Rosenberger LLP - 2024-07-09

R&D Tax Credit for Manufacturers

The Research & Development (R&D) tax credit is a powerful savings tool for eligible research projects. Unfortunately, many do not take advantage of the incentive due to the incorrect assumption that the business has no qualifying activities. A popular myth has been debunked: the R&D tax incentive is only for large companies that employ scientists … Continued The post R&D Tax Credit for Manufacturers first appeared on JLK Rosenberger.

Read more
The 2024/25 Worldwide Tax Guide is Here
JLK Rosenberger LLP - 2024-06-25

The 2024/25 Worldwide Tax Guide is Here

The most recent publication of the Worldwide Tax Guide includes over 1300 pages of up-to-date taxation and business regulations covering over 150 of the world’s most significant trading companies. This guide is essential for anyone looking to keep up with the latest tax and business regulations. Featuring insights from in-country advisors across our global community, this … Continued The post The 2024/25 Worldwide Tax Guide is Here first appeared on JLK Rosenberger.

Read more
Additional Savings Through State R&D Tax Credits
JLK Rosenberger LLP - 2024-06-13

Additional Savings Through State R&D Tax Credits

Many businesses are familiar with the federal Research & Development (R&D) tax credit, which provides substantial savings for eligible companies engaged in qualified research and innovation activities. Credit has been an important funding component of many innovation programs for years, yet tax savings for eligible R&D activities do not end with federal incentives. In many … Continued The post Additional Savings Through State R&D Tax Credits first appeared on JLK Rosenberger.

Read more
Breaking Barriers: Daniel’s Journey from First-Generation College Grad to Aspiring CPA
JLK Rosenberger LLP - 2024-06-11

Breaking Barriers: Daniel’s Journey from First-Generation College Grad to Aspiring CPA

In a family where attending college was unprecedented, Daniel’s journey from high school graduate to aspiring CPA is inspiring. His story shows the importance of guidance, perseverance, and the power of education. Early Influences Family traditions and expectations often play a significant role in the decision to attend college. For Daniel, however, the journey was … Continued The post Breaking Barriers: Daniel’s Journey from First-Generation College Grad to Aspiring CPA first appeared on JLK Rosenberger.

Read more
JLK Rosenberger LLP - 2024-06-06

DOL Issues New Retirement Security Rule

Reading time: 2 minutes 30 seconds On April 23rd, the Department of Labor (DOL) issued a new Retirement Security Rule defining who will be considered an active fiduciary under the Employment Income Security Retirement Act (ERISA). The change was necessary because existing rules originally published in 1975 (before 401k plans existed) were no longer serving to … Continued The post DOL Issues New Retirement Security Rule first appeared on JLK Rosenberger.

Read more
JLK Rosenberger LLP - 2024-05-30

Representations and Warranties Play a Crucial Role in Business Transactions

Reading time: 3 minutes 30 seconds Representations and warranties play a crucial role in business transactions and are commonly used in merger and acquisition agreements to allocate risk between sellers and buyers. Accurate representations and reliable warranties are essential for maintaining trust and ensuring fair business transactions. Let’s break down what they mean: Representations Representations are statements … Continued The post Representations and Warranties Play a Crucial Role in Business Transactions first appeared on JLK Rosenberger.

Read more
JLK Rosenberger LLP - 2024-05-20

Refunds Available for Qualifying Diesel Purchases Going Back Three Years

Reading Time: 3 minutes When buying diesel fuel at a gas station, part of the price is a federal highway use tax of 24.4 cents per gallon. However, if the diesel is purchased to fill construction equipment such as front loaders and road graders used exclusively off highways, a contractor can claim a tax credit … Continued The post Refunds Available for Qualifying Diesel Purchases Going Back Three Years first appeared on JLK Rosenberger.

Read more
JLK Rosenberger LLP - 2024-05-14

2024 Presidential Tax Plans Reveal Vastly Different Priorities Between the Frontrunners

Presidential candidates typically formulate their tax plans in bits and pieces throughout the long campaign season, with the proposals coalescing into a comprehensive plan sometime in the early fall before the general election. So far in 2024, frontrunners President Joe Biden (D) and Donald Trump (R) have publicly discussed several tax proposals they hope to … Continued The post 2024 Presidential Tax Plans Reveal Vastly Different Priorities Between the Frontrunners first appeared on JLK Rosenberger.

Read more
JLK Rosenberger LLP - 2024-05-09

IRS Extends Relief for Required Minimum Distributions

Reading Time: 3 minutes 15 seconds Required Minimum Distributions (RMDs) are essential in retirement planning, mandating that retirees withdraw and utilize savings from tax-advantaged accounts like IRAs and 401(k)s throughout retirement years. Recently, IRS Notice 2024-35 has introduced significant adjustments to these distributions, focusing on beneficiaries who manage inherited retirement accounts. The notice also announces … Continued The post IRS Extends Relief for Required Minimum Distributions first appeared on JLK Rosenberger.

Read more
JLK Rosenberger LLP - 2024-05-06

Corruption: Top Fraud Threat to Construction Companies

Reading time: 2 minutes 20 seconds Fraud is a persistent concern amongst construction companies due to the opportunities for illegal behavior to occur undetected. The size and scope of many projects make it nearly impossible to implement adequate protections. Concerns about bid rigging, billing schemes, equipment/asset theft, larceny, and skimming are just a few ways … Continued The post Corruption: Top Fraud Threat to Construction Companies first appeared on JLK Rosenberger.

Read more