Posted in on October 17, 2025
The application window for the Internal Revenue Service’s (IRS) 2026 Compliance Assurance Process (CAP) program closes on October 31, 2025. Should your business apply before the deadline? Here are some key considerations from Washington D.C. tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MorePosted in on September 30, 2025
Posted in on September 16, 2025
Posted in on August 29, 2025
Among several tax-related provisions in the One Big Beautiful Bill Act (OBBBA) that President Trump signed into law on July 4, 2025 is a provision that permits the immediate deduction of research and experimental (R&E) expenditures. For businesses that have qualifying R&E expenditures, this provision has the potential to afford substantial short-term tax savings. However, businesses will need to be careful when taking R&E deductions as well—as doing so improperly could trigger IRS scrutiny along with additional liability for interest and penalties. Learn more from Washington D.C. business tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MorePosted in on August 15, 2025
