Marc Gerson Comments on Recent Tax Proposals in WebCPA and Accounting Today

"Latest Proposals a Double-Edged Sword"
WebCPA and Accounting Today
09.10.10Marc Gerson discusses the Administration's recent immediate expensing and research and development credit proposals, noting that the proposals face significant obstacles to enactment regardless of their merits. "Expensing and the R&D credit are items that will generate some bipartisan support, but both the timing and revenue offsets are concerns that will affect the legislative process," he noted.
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