House Tax Bill Prioritizes 174 R&D Amortization Fix, Bonus Depreciation, SALT Cap, and moreFollow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Jonathan Tucker | Principal, Research & Development Tax Credits On May 12, 2025, the House Ways and Means Committee released a larger text than what Chairman Jason Smith (R-MO) released on May 9 for proposed tax legislation as part of the FY 2025 budget reconciliation process. These initial proposals focus primarily on extending or modifying provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that are currently set to expire after 2025. Most notably, the current text addresses bonus depreciation, Section 174 research and experimental expenses, and some State and Local Tax (SALT) cap relief. However, House Republicans from high-tax states demand that the SALT deduction cap be increased in final negotiations. KBKG … Read More
![There’s Still Time to Claim the R&D Tax Credit on Extension [Infographic]](https://www.kbkg.com/wp-content/uploads/Theres-Still-Time-to-Claim-the-RD-Tax-Credit-on-Extension.jpg "There’s Still Time to Claim the R&D Tax Credit on Extension [Infographic]")
BREAKING NEWS: Trump Announces Sweeping “Reciprocal Tariffs”
By Alex Martin | Principal, Transfer Pricing President Trump signed an executive order on April 2, 2025, implementing a new “Reciprocal Tariffs” policy, aimed at what the administration describes as unfair trade practices. See tariff rates for select trading partners below. Tariff Rates for Selected Trading Partners China: 54% (20% current tariff rate + 34% … Read More
KBKG Announces Enhancements to Dash.tax, Streamlining R&D Tax Credit Claims for CPAs, Startups, and Small Businesses
PASADENA, Calif. – March 4, 2025– KBKG, a leader in tax credits and incentives solutions, has introduced significant enhancements to Dash.tax, its innovative tax automation platform designed for CPAs, startups, and small businesses. The latest updates further streamline the process of claiming R&D tax credits, ensuring businesses can efficiently apply credits to payroll taxes, maximize … Read More
Higher Tariffs Are on the Way – Can Your Company Manage the Damage?
By Alex Martin | Principal, Transfer Pricing By Andrew Astor | President, Focus Solutions Business taxes are regularly a hot topic of speculation with every new US presidential administration. This time, customs duty rates may actually be the more painful issue for importers. Higher tariff duties are designed to encourage domestic production, but many companies … Read More
KBKG Announces Leadership Changes
PASADENA, Calif. – November 1, 2024 – KBKG, a nationwide leader in specialized tax services and solutions, proudly announces the appointment of Jason Melillo as Chief Executive Officer and Gian Pazzia as Chairman & Chief Strategy Officer. Melillo and Pazzia begin their positions November 1, 2024. Melillo recently served as a Principal for KBKG, overseeing … Read More
KBKG Announces New DFW Office Location to Support Growing Client Base
Irving, Texas – October 18, 2024 – KBKG, a leading provider of tax services and solutions, is excited to announce the relocation of its DFW office to a new, expanded location at 1400 Corporate Drive, Suite #225, Irving, TX 75038. This move reflects KBKG’s continued growth and commitment to serving clients across Texas and the … Read More
KBKG Named a World’s Leading Transfer Pricing Practice for the Fourth Consecutive Year
PASADENA, Calif. – October 15, 2024 – KBKG, a leading provider of specialty tax services, is proud to announce that its Transfer Pricing practice has been named one of the world’s leading consultancies by International Tax Review (ITR) for the fourth consecutive year. Both clients and professional service firm partners rely on KBKG to deliver … Read More
KBKG Tax Insight – Does Coke Owe the IRS $10+ Billion for Transfer Pricing?
What Happens if Coke Continues to Lose in Tax Court? Coca-cola recently lost an appeal of a transfer pricing court case, which concluded that Coke owes an additional $3.1 billion in tax for 2007 through 2009.¹ In addition to denying the Motion for Reconsideration on procedural grounds, Tax Court Judge Albert Lauber decided to elaborate … Read More
KBKG Experts Appointed to the Board of the American Society of Cost Segregation Professionals
Eddie Price, CCSP, was elected President of the American Society of Cost Segregation Professionals (ASCSP) for a two-year term, effective August 1, 2023. Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled real estate to increase cash flow by accelerating depreciation deductions and deferring … Read More
