Supreme Court Resolves Long-standing Issue Over FBAR Penalties
March 27, 2023A recent decision by the Supreme Court has greatly reduced the penalty exposure for U.S. taxpayers holding foreign bank accounts. Read More
How HITRUST Increases Security and Privacy Practices
March 22, 2023Please enjoy this recording of Frazier & Deeter's "How HITRUST Increases Security and Privacy Practices" webinar! Read More
New Bipartisan Bill Proposed to Allow Taxpayers to Deduct Research & Experimentation Expenses
March 22, 2023On March 16, a bipartisan bill was introduced to Congress to roll back the provision of the Tax Cuts and Jobs Act (TCJA) that requires capitalization and amortization of Research & Experimentation (R&E) expenses under IRC Section 174. The bill,... Read More
New Rate of R&D Tax Credit Introduced for SMEs in the UK
March 20, 2023We at Frazier & Deeter and Confluence Tax welcome the recent announcement by the Chancellor of the Exchequer that a new rate of Research & Development (R&D) Tax Credit will be introduced for R&D intensive SMEs (small and medium-sized enterprises)... Read More
The SVB Impact on FD Clients
March 20, 2023At Frazier & Deeter, we understand that the recent banking crisis sparked by the Federal Deposit Insurance Corporation’s (FDIC) shutdown of Silicon Valley Bank (SVB) has created uncertainty amongst our clients and the technology community at large. Our team... Read More
Hot Topics in Credits & Incentives
March 9, 2023Please enjoy this recording of Frazier & Deeter's "Hot Topics in Credits & Incentives" CPE Webinar! Read More
I Received a SOC Report, Now What?
February 24, 2023Enjoy this recording of this SOC Reporting 101 webinar with Shelby Nelson! Read More
IRS and Labor Department Extend Worker Classification Program
February 22, 2023The IRS and Labor Department have renewed a 2011 Memorandum of Understanding to cooperate on enforcement of worker classification rules, with cross-referrals, investigations and imposition of penalties on noncompliant businesses. The new Memorandum is significant because it signals that the... Read More
Clean Energy Credits Can Offset the Cost of Home Improvements
February 16, 2023The IRS has released a fact sheet on the new, expanded clean energy credits for homeowners. The FAQs provide details on recent changes to the credits, information on eligible expenditures and examples of how the credit limitations work. The credits,... Read More
Secure Act 2.0 Brings Big Tax Changes to Retirement Plans
February 9, 2023A huge government funding bill has become the vehicle for enactment of major changes to tax-favored retirement accounts. Division T of H.R. 2617, the “Consolidated Appropriations Act, 2023,” contains the “Secure Act 2.0,” which does the following: Delays required minimum... Read More