DPAD: Going, Going…Replaced?

In 2004, producers of goods in the U.S. were awarded a tax incentive called the domestic production activities deduction (DPAD). It seems hard to believe that was 13 years ago, [...]

New Rules for R&E Expenses

Companies in many different industries incur research and experimentation expenses. Whether they are developing new software, testing new formulas, or creating a new product line, they look to their CPAs [...]