Service: State and Local Tax
LBMC’s State and Local Tax (SALT) team, located in Tennessee, provides clients with proactive and strategic multi-state tax services to mitigate risk, defend positions and improve cash flow. Click here to learn more.
The TCJA created a significant change for research expenditures defined under section 174, which are expenditures that represent a research and development cost in the experimental or laboratory sense.
TCJA allows 100 percent expensing of short-lived capital investments for 5 years, then a 20-percent phase-down schedule over the subsequent five. Learn more.
With the pace of merger and acquisition activity taking place… Read more »
The Tennessee Department of Revenue has issued a notice stating… Read more »
Do you know the state income tax implications of the… Read more »
Your company must take the proper steps to address the domino effect of issues created by the new sale tax nexus landscape before your company registers and starts collecting sales tax in new states.