Latest News & Insights

Expectations are high that the IRS will beef up tax enforcement with its new $80 billion in multiyear funds from the Inflation Reduction Act, but it will take some time for that to come to fruition.

The US Supreme Court is slated to hear a case Wednesday that will test the reach of privacy protections against the IRS’s power to demand bank account records without ever notifying account holders.

The lure of sexier jobs in the tech sector has cut into the number of U.S. students pursuing accounting careers. Looking abroad for talent may be next best move.

alliantgroup recently won a major decision in U.S. Tax Court where the court wholly validated alliantgroup’s 179D process. It was not just a victory for their client, but for taxpayers everywhere, as the decision provides clarity on how to properly substantiate 179D claims.

Laura Lynn Gonzalez expected a tax refund this year, after her two-employee data-visualization company experienced a $30,000 loss. Instead, she said, she is facing a $100,000 federal tax bill that is about as large as her 2022 salary.

Recent legislation and litigation involving the property deduction for energy efficient building projects should be seen as two major victories for taxpayers, particularly designers and contractors, according to a tax professional at a consulting firm specializing in the benefit.

Neither the IRS Office of Chief Counsel nor the U.S. Department of Justice’s Tax Division has presidentially appointed and Senate-confirmed leaders currently in charge, making it difficult for either to take on significant tax projects.

As with every year, we greet the new year with the tiring rush of tax season. Once again we find ourselves consumed with compliance, not spending enough time discussing value added strategies with our existing client base, and now turning down more clients than ever before in our history.

Software development firms are textbook candidates for claiming the Research and Development (R&D) tax credit because of their significant investment in development and engineering as well as the highly technical nature of their design work. In fact, many of the day-to-day activities undertaken by software developers qualify for the credit due to their systematic and iterative nature.

alliantgroup CEO, Dhaval Jadav, was awarded the 2022 STEAM Advocate of the Year Award by the Greater Houston Women’s Chamber of Commerce for our firm’s commitment to STEM education.

alliantgroup, the nation’s premier consulting firm for small and medium-sized businesses, is celebrating a historic win for taxpayers.

The Inflation Reduction Act offers some incentives for clean companies. It’s tax time, and companies nationwide are looking for sustainable write-offs to help soften the blow and reduce their carbon footprint.