Outsource Your R&D Tax Credit Study Claiming the R&D Tax Credit under IRC §41 can significantly reduce a company’s tax burden, but accurately documenting Qualified Research Expenses (QREs) requires...
Introduction The ASC Method under IRC §41(c)(5) provides a simplified way for businesses to calculate the R&D Tax Credit without relying on historical data from the 1980s. It’s ideal...
Introduction: Passing Wealth-Without Blowing Up Your Tax Bill For many Indian-American families, planning how to pass assets-both in the U.S. and India-is emotionally and financially significant. Yet, most CPAs...
Why Most CPAs Miss This Crucial Reporting Many Indian-Americans and NRIs working with generic CPAs or tax preparers often miss reporting their Indian bank interest correctly on their U.S....
Taxes for Your Side Hustle Earning extra income from a side hustle is exciting, but the IRS sees it as taxable income. Whether you’re freelancing, driving for Uber, selling...
Family Office Tax Strategy Family offices, managing substantial wealth for affluent families, frequently encounter complex tax challenges, including high estate taxes, compressed trust brackets, and limitations on deductions that...
Introduction With major tax reforms proposed under Trump’s 2025 plan including rate reductions, expanded credits, and business incentives tax planning is no longer optional. It’s essential. Whether you’re a...
If you are self-employed, an independent contractor, freelancer, or have significant income without tax withholding, the IRS generally requires you to make quarterly estimated tax payments. Failure to do...
Self-employed individuals have unique opportunities to save for retirement while reducing their current tax liability. Choosing the right retirement plan can significantly impact both your future savings and your...
Introduction You might be making sales, but are you keeping profit? In 2025, high-revenue businesses are failing due to poor cash flow, unpaid taxes, and late payments to vendors....