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The BCO Blog

Federal R&D Tax Credit Extended

The federal research income tax credit (Section 41) which expired December 31, 2009 has been extended for two more years through December 31, 2011 as part of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Relief Act).

Significant California Corporate Tax Changes in 2011

There are several significant changes impacting taxpayers conducting business in California starting in 2011. One of these changes, state apportionment, may be beneficial for taxpayers with significant payroll and property located in California.  Under existing California law,  taxable income was allocated to California using a four-factor apportionment consisting of sales (double weighted), payroll and property.

Welcome to the BCOTAX Blog

The purpose of this blog is to provide our clients and other interested companies with timely information regarding global tax issues impacting technology and green technology companies.  Our outlook on the future suggests significant disruption and uncertainty as governments attempt to address their fiscal problems.