May 22, 2019
Engineering News-Record quoted Tax Partner Barry Fischman and Principal Michael D'Addio in an article about the use of tax credits to reduce corporate tax liability to zero.
Engineering News-Record
By Scott Van Voorhis
Excerpt:
Like other companies, AECOM was able to bring forward $58 million after the 2017 legislative changes unlocked the value of past R&D credits the company had stored up, said Barry Fischman, CPA and a partner in the tax and business services unit of accounting firm Marcum LLP. In particular, the legislation allowed companies to much more quickly capture tax write-offs related to the depreciation of assets and equipment, in some cases over the first few years.
