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 …
R&D Tax Credit
Precision Planning: Proven Strategies for Budgeting Success
Every year-end, accounting teams follow the same procedure as the previous year. They methodically sort through numbers from multiple sources, correct manual data entry errors, and approve and finalize the …
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 …
Employee Retention Tax Credit (ERTC): The only COVID-related assistance that is still available in 2023 and through 2024
Have you missed the boat on the ERTC? Or can you still get the benefit by filing claims? Apparently, it is not too late. In fact, the ERTC is the …
Breaking News: It’s Tax Time! Unlocking the Value of a CFO Advisor
The thing about business is – nearly every event that occurs throughout the year will have an impact on your company’s tax liability. Thus, the tax filing date is just …
R&D Tax Credit OR Employee Retention Tax Credit (ERTC) – Can you claim both on your tax return?
It’s a pleasant surprise when you put on a jacket or pair of jeans and find several crisp twenty dollars bills in a pocket. It may even prompt you to …
Claim Your R&D Tax Credit With Your Tax Return!
Whether or not you are a football fan, you probably know the Super Bowl is right around the corner – and it will be played right here in the Golden …
Budgeting and Forecasting Tips for 2022 – 5 Best Practices to Keep You on the Right Track
Traveling is always an adventure, regardless of the mode of transportation – especially during the holiday season. For some, just driving near a shopping mall can be exasperating. Having proper …
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 …
Organizations that have already adopted the new revenue recognition standard (ASC 606) may have discovered that it was not a smooth transition. As with any type of change in the …
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