Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Congress enacted the Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act)1 out of concern about the United States’ declining share of global production of semiconductor chips. The act’s purpose was to bolster domestic production of these complex electronic devices that are crucial to everything from personal computers and household appliances to defense systems.
By Adam Wallwork, J.D., LL.M.; Quynh Nguyen, E.A.; Gary Hecimovich, CPA; Jeremy DeMuth, J.D.; Matthew Normington, CPA; and Andrew Black, E.A. EXECUTIVE SUMMARY National concerns about lagging U.S. production of semiconductors as a share of global production led to legislation in 2021 and 2022, providing funding incentives and a new advanced manufacturing investment tax credit. The credit, under Sec.
During these depressed economic times, taxpayers are increasingly confronted with issues related to cash flow management and the need to reduce taxes. In many cases, taxpayers are looking at all possible tax-saving opportunities. There is a little-known tax credit opportunity that may bring additional benefit to taxpayers that deal with fertilizers and pesticides.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
