The Credit for Increasing Research Activities, also referred to as the “R&E”, “R&D” or “Research” tax credit, incentivizes companies to invest in people and technology that can lead to growth in revenues and profitability, as well as promote job retention and expansion. The credit focuses on three types of qualifying expenditures: wages, supply costs and contract research.
Effective December 1, 2018, the Colorado Department of Revenue will begin enforcing new emergency sales tax sourcing rules that will significantly impact all retailers doing business in Colorado. The new rules require all Colorado taxable sales to be taxed at the effective rate of the jurisdiction in which property is transferred into the possession of a purchaser. While the rule has no effect on purchases that occur at a retailer’s business location, the big change occurs when items are shipped to Colorado customers.
With the rapid pace that technology evolves, understanding how those changes can impact business is important.
On August 20, 2018, the Securities and Exchange Commission (SEC) adopted
amendments to SEC Rule 15c2-12, which identify two new events requiring
disclosure with the Municipal Securities Rulemaking Board (MSRB) via
the EMMA system within 10 business days of their occurrence.