Guidance to Avoid R&E Underpayment Penalties

02/10/2023

Unfortunately, the requirement to capitalize research and experimental (R&E) expenses was not deferred in a federal 2022 year-end tax bill. OMA Connections Partner CliftonLarsonAllen reports that with Congress unlikely to act soon, action is needed now to avoid underpayment penalties. Read the firm’s insights. 2/6/2023

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