alliantgroup, LP

The IRS today released Form 8942, the application for the new biotech tax credit, in conjunction with the HHS Project Information Memorandum that must accompany Form 8942 and the “scoring criteria” that HHS will use in evaluating applications.

alliantgroup, LP announced that former Congressman Jim Ramstad (R-MN), who was Chairman of the influential IRS Oversight Committee, has joined the firm as a Senior Advisor.

A new study by the Transactional Records Access Clearinghouse (TRAC) shows that despite a growing federal deficit, IRS audits aimed at the nation's largest corporations have precipitously declined in the last few years and now are at an all time low.

The new healthcare reform bill contains an incentive for biotech companies: the Qualifying Therapeutic Discovery Project Credit, allowing some businesses to claim a credit for 50% of qualifying investment in qualifying projects for 2009 and 2010.

On January 29th, the U.S. District Court for the Northern District of Texas (Dallas) issued its ruling in Trinity Industries, Inc. v. U.S. - another victory for taxpayers claiming the R&D tax credit.

The latest proposals are a disaster for enterprises of all kinds. The Finance Committee is clearly anxious to appear concerned about small business. The first provision mentioned in its unreleased 18-page document, portions of which have been leaked

The Honorable Mark W. Everson, who served as Commissioner of Internal Revenue from 2003 until 2007, today agreed to serve as Vice Chairman for alliantgroup, LP.

With the conditional designation of eight new Enterprise Zones in 2008 and four open slots in 2009, many of the enterprise zone boundaries are changing and opening up these lucrative incentives to new businesses.

Appellate Court Overturns District Court in U.S. v McFerrin