Careers

Diversity

With 17 offices, from New York to Los Angeles and Seattle to Orlando, we live and work in communities all over the U.S., collaborating across locations, disciplines and even borders. Our experienced, highly ranked lawyers serve businesses wherever they are and wherever they want to go.

Offices

About Us

Pages

Professionals

Thought leadership: blogs, podcasts, videos, publications, events and news

Insights

Services

Pro Bono

Am Law 100 firm with practices in Business, Digital Assets and Data Management, Intellectual Property, Labor & Employment, Litigation and Tax.

Home | BakerHostetler

Marc Wagner Presents at Introduction to Drug Law and Regulation

BakerHostetler showcases commitment to West Coast and renews lease in San Francisco’s iconic Transamerica Pyramid

An Introduction to Name, Image and Likeness (NIL)

Data Counsel

Welcome to the 10th edition of our annual Data Security Incident Response Report!

The 2017 Tax Cuts and Jobs Act prevented companies from immediately and fully deducting research costs beginning with the 2022 tax year. But two major laws passed last year offer significant incentives for research and development (R&D), according to an April 5, 2023, Law360 Tax Authority article titled “R&D Expensing Loss May Be Outweighed by Other Incentives.”  The CHIPS Act and the Inflation Reduction Act, both passed in 2022, include subsidies and grants to boost semiconductor production and tax incentives for renewable energy, and Partner Jeff Paravano told Law360 their impact will be considerable. However, businesses operating at loss will not have access to tax incentives because they don’t pay tax. “If you’re not a taxpayer, the tax benefits of various expenses, including expenses related to R&D for wages and other things, may be less valuable,” he said.  <a href="https://www.law360.com/tax-authority/articles/1593974/r-d-expensing-loss-may-be-outweighed-by-other-incentives" target="_blank" rel="noopener">Read the article (subscription required).</a>

core/freeform

Washington, D.C.

Partner

Jeffrey H. Paravano

Jeff Paravano Quoted About Impact of Laws Incentivizing Research and Development

Related Services

Featured Insights