Tax News
Lessons from the Field on Tax Litigation and Compliance
In this episode, we’re joined by Dave Kupiec, CPA, JD, and Natalie Martin, JD, of Kupiec & Martin, LLC, for a deep dive into Illinois tax law. Drawing on their extensive experience with the Illinois Department of Revenue and major corporations, they unpack the recent Pepsi case, offering insights into the state’s Tax Tribunal and appellate process.
We explore the importance of strong documentation, how administrative decisions can impact taxpayers, and key strategies for navigating Illinois’s complex tax landscape.
A Win for Innovation: New Tax Law Restores Deduction for Domestic R&D Credit Expenses
The One Big Beautiful Bill Act (OBBB), signed into law on July 4, 2025, reinstates immediate deductions for domestic R&D expenses, reversing the TCJA’s prior amortization requirement. This change offers significant tax relief and flexibility for...
Incentives and Impediments: Navigating Colorado’s Business Landscape
As Colorado heads into 2025, big fiscal decisions loom. In this episode, we sit down with Ed Sealover, VP of Strategic Initiatives at the Colorado Chamber, to unpack the state’s growing budget deficit and what it could mean for both businesses and residents.
We explore hot-button issues like the proposed rollback of software tax exemptions and the controversial retail delivery fees. Ed breaks down the tough balancing act lawmakers face, and how to fund essential services without stifling economic growth.
Business Combinations: Taxable & Non-taxable Transactions
Business combinations can be structured as either taxable or non-taxable transactions, each with distinct tax and accounting implications. By Lindsay Haskell and Lauren Staub The combination of two or more businesses can be structured as either a taxable or a...
Too Good to Be True? The Hidden Risks of Pursuing Sketchy R&D Credit Claims
If it sounds too good to be true, it probably is--especially when it comes to R&D tax credits. Before you chase big refund estimates, make sure you're not stepping into a compliance minefield. By Mark Dunning and Jamie Overberg There’s a trend in the marketplace...
Colorado Retail Delivery Fee Drops a Penny
As of July 1, 2025, the Colorado retail delivery fee will drop by a penny, from $0.29 to $0.28. This change is part of an annual adjustment based on inflation. As of July 1, 2025, the Colorado retail delivery fee will drop by a penny, from $0.29 to $0.28. This change...
Revenue, Reform, and Resistance: Colorado’s Fiscal Crossroads
In this episode of the SALTovation podcast, we unpack the complex and shifting economic landscape of Colorado, focusing on how recent tax policies are reshaping the business environment. We continue our conversation with Ed Sealover, VP of Strategic Initiatives at the Colorado Chamber of Commerce, and explore key legislative developments, including new targeted tax credits designed to spark innovation and boost tourism across the state.
Pro Tax Tips in Colorado: POA, W-2 and Meals
Colorado tax rules are always on the move—think digital POAs, must-have W-2 attachments, and a total meal deduction wipeout. Stay sharp, stay digital, and you’ll dodge delays, cut down on errors, and keep your tax game strong. Track key business tax provisions here....
The World is Enough at IPT
Explore key State and Local Tax (SALT) challenges for businesses engaged in international commerce. Join IPT presenters Meredith Smith and Jeffrey Reed, along with moderator Stacey Roberts, as they address both U.S. companies operating abroad and foreign companies...