According to the Bureau of Economic Analysis (BEA), businesses should be looking to the U.S. space economy. The BEA has launched a research project to explore what the space economy means and the benefits that could be reaped here on earth. Keep an eye on the Space Economy Account, which will track what’s happening with commercial and government ventures in space (e.g., R&D, employment).
Don’t miss out on critical updates — find the Supplements for both tax books here and here.