The window to amend prior year returns for the R&D tax credit is closing in 2026. The July 6, 2026, deadline is not just a date on a calendar—it’s the day the IRS …
Sandhya Mukkamala
Sandhya Mukkamala
Sandhya Mukkamala, CPA, Partner and Co-Founder at Astute, advises clients on R &D Tax incentives, strategizing Tax planning, Technical accounting, Forensic Audits, and other corporate compliance related matters. She has more than 15 years of experience in audit and review engagements, complex M&A due diligence audits, Accounting for Income Tax Provisions (ASC-740) and Corporate Tax planning for private and public sectors. Contact me
R&D Tax Credits for Software Companies: The Engineering Work You’re Already Doing Profitable on paper. Burning cash in reality. In 2026, most software companies already qualify for federal R&D tax credits—but …
Introduction: Section 174 After OBBBA For many businesses, Section 174 has been one of the most confusing and frustrating tax changes in recent years. Starting in 2022, what was previously …
The IRS rolled out the new Form 6765 and instructions for the 2024-25 tax year on February 10, 2025, presenting major structural changes that taxpayers claiming the Section 41 Research …
Winning Back Opportunities: Essential R&D Tax Credit Updates Every Business Must Know
Staying ahead in the innovation race means staying informed about the latest tax policy changes. Recent updates to Section 174 cost amortization, R&D tax credit reporting, and refund claim requirements …
Big Changes on the Horizon for R&D Tax Credits as IRS Issues New Procedural Filing Requirements
On October 15, 2021, the Chief Counsel of the IRS quietly released a new procedural requirement for businesses claiming refunds for research tax credits, kicking up some clouds of doubt …
Mention the words “tax break” in any business setting, and heads turn. If there’s a way to save a company money, people want details. But when you hear it’s an …
How Tech Companies Can Qualify For R&D Tax Credit
In August 1981, the personal computer revolution was powering up; that’s when IBM released its first PC. This was the catalyst that inspired tremendous innovation in the IT and software …
The Paycheck Protection Program (PPP) was established under the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) to provide financial resources to small and mid-sized businesses. These funds were …
R&D Tax Credit Isn’t Restricted To Research Labs – Your Business May Be Eligible, Too!
Our research indicates that most small businesses are unaware of an R&D tax credit. They don’t understand how it can help them earn up to 13.5 cents for every qualified …
