The GOP tax reform law has increased U.S. competitiveness but is drawing fire from critics.

The Tax Cuts and Jobs Act (TCJA), passed in late 2017, enacted significant reforms to the Federal Income Tax Code, including lowering the corporate income tax rate on previously deferred foreign earnings.

This post focuses on another important change: the U.S. shift from a worldwide corporate tax system to a territorial tax system.

In late 2017, the federal government passed a sweeping tax bill called the Tax Cuts and Jobs Act (TJCA).

March 26, 2018 marked the deadline to apply for the final round of Cal Competes credits in fiscal year 2017 - 2018.

The changes in the Federal and state tax climates are creating value opportunities for New Jersey's transferable tax credits in 2018.