Illustration of person at desk with document that reads Time to Plan

A Year-End Tax Planning Solution That Works

Tom Brehmer Tax Planning, Tax Services, Tax Strategy

For years, the biggest complaint we’ve heard from prospective clients is that they weren’t getting pro-active tax planning from their tax advisor. This was often the driving reason for a change. But, there are as many definitions of pro-active planning as there are prospective clients. Everybody has their own expectations based on their individual needs. This diversity of expectations, and …


The United States Needs to Pass Legislation to Keep Research & Development in this Country

Tom Phalen Tax Strategy, Taxing Times

U.S. Research and development is key to development of new and improved products from the Apple watch to the latest vacuum cleaner. The U.S. was one of the first countries to grant favorable tax treatment for research and development performed in the U.S. Since then most of our trading partners grant similar R&D incentives (tax credits and additional tax deductions) …


How To Get The Most Out of Your Workday

Tom Brehmer Project Management Triangle, Tax Planning, Tax Services, Tax Strategy

In a prior blog, I connected the Project Management Triangle to the preparation of a corporate income tax return with a promise to discuss the three sides of the triangle; cost, time and scope. My last blog targeted cost. Now, it’s all about tme. In my prior life as a tax partner at KPMG, I didn’t understand how clients regarded …

VPTax Project Management Triangle focusing on COST

Tax Costs… Are You Seeing the Bigger Picture?

Tom Brehmer Project Management Triangle, Tax Planning, Tax Services, Tax Strategy

Ever heard of the project management triangle? Ever thought about business taxation in the context of project management? No? Why not? Taxes are a cost of doing business, no more, no less. For real! The three sides of the project management triangle are cost, time and scope. (Yes, scope, not quality. We’ll assume when it comes to taxes, quality is …


Tax Refunds Available for Cost Sharing Arrangements Containing Stock Base Compensation

Tom Phalen Corporate Tax, Tax Services, Tax Strategy, Taxing Times

U.S. taxpayers that reported Cost Sharing Arrangements (CSAs) on tax returns which contain stock based compensation under IRC Section 482 should consider filing amended tax returns for prior tax years. This recommendation is based upon a July 27, 2015 Tax Court case, Altera Corp. v. Commissioner, where the court held that the tax regulations requiring stock based compensation to be …