by Michael J. Devereux II, Mueller Prost On Dec. 16, 2014, in the last vote of the 113th Congress, the U.S. Senate passed H.R. 5771, the Tax Increase Prevention Act of 2014, commonly known as Extenders. The Senate passage of the Extender legislation paved the way for President Obamas signature, which he gave just three days later. Had this legislation not been passed, … [Read more...] about Obama Signs “Extender” Legislation
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Federal Research Credit Extended and Improved
by Michael J. Devereux II, Mueller Prost On Dec. 18, President Obama signed the Protecting Americans from Tax Hikes Act of 2015, also known as the "tax extenders package." We are pleased to announce that the Research Credit has become a permanent fixture of the Internal Revenue Code! In addition, the tax extenders package makes a number of changes to how taxpayers may … [Read more...] about Federal Research Credit Extended and Improved
Scholarship Fund Created to Honor Jim Harbour
Scholarship Fund Created to Honor Jim Harbour by Dianna Brodine Plastics Business On Sept. 6, 2014, Jim Harbour passed away. Harbour was an automotive industry pioneer, well-known for his influence on and analysis of manufacturing. In the plastics processing industry, many of us work with his daughter, Laurie Harbour of Harbour Results, Inc. Over the years I … [Read more...] about Scholarship Fund Created to Honor Jim Harbour
It May be Time to Hire Someone You Don’t Like
by Dianna Brodine, Plastics Business Every year, I attend a conference for members of the Binding Industries Association. These folks are in an often unappreciated part of the print industry. While the printers or print finishers get the glory for making marketing materials, packaging and book covers shine, binders use their expertise to be sure the projects don't fall apart … [Read more...] about It May be Time to Hire Someone You Don’t Like
US Treasury Expands Definition of Research Expenditures
by Michael J. Devereux II, Mueller Prost On Sept. 5, 2013, the US Treasury proposed five changes to regulations defining research expenditures under Internal Revenue Code §174. As an added bonus, Treasury indicated that taxpayers may rely upon these proposed regulations for all tax years. On July 18, 2014, these regulations were finalized with minimal changes. The first … [Read more...] about US Treasury Expands Definition of Research Expenditures