3 Corporate Tax Management Cost Saving Strategies to Consider
Growing multinational companies juggle many tax responsibilities. Here are some tips for keeping all the balls in the air.
The repeal or postponement of the Tax Cuts and Jobs Act (TCJA) changes to IRC §174 has not come as many had hoped. As part of the TCJA, §174 was changed to:
Companies that have not historically been paying tax may find themselves needing to based on these changes, at the risk of penalties and interest. However, there are positive aspects to these changes as well that will help tax departments create an internal R&D credit process that is defensible, cost effective, lucrative, and – most importantly – highly efficient.
In this one-hour webinar, GTM’s Jonathan Forman provides an overview of these changes and opportunities, and will explain: