R Amp E News Today

The IRS clarification may provide some relief for software development or research activities under a contract arrangement.

Small business owners have been expressing their hardships to their Congressional leaders, but whether those leaders are willing to spread some holiday cheer is still an open question.

While many tax accountants and business professionals welcome the additional guidance, the timing was not ideal.

Whether it is manufacturers, clothing designers, software developers, plant breeders, or engineers, businesses across New York are shocked at their federal income tax bill.