The “183-Day” Trap What if a canceled visa appointment in India didn’t just delay your flight, but also triggered a massive, multi-thousand dollar tax bill from your home country?...
Read this before sending dollars abroad from the United States A new U.S. federal law has introduced a 1% excise tax on certain money transfers sent from the United...
Focus Keyword: Superseding Return Introduction Many taxpayers file their returns early and later realize they missed reporting certain deductions, elections, or forms. Instead of waiting to amend, the IRS...
Introduction The upcoming Trump 2025 Tax Plan is expected to make major adjustments to U.S. corporate tax policy, including reforms that could directly impact the R&D Tax Credit under...
Inflation Reduction Act The Inflation Reduction Act (IRA) of 2022 significantly enhanced the R&D Tax Credit under IRC §41, creating new opportunities for small businesses and startups. Effective from...
Backward Unused R&D Tax Credits Businesses investing heavily in innovation often generate R&D Tax Credits that exceed their current-year tax liability. Fortunately, under IRC §39(a), these credits don’t expire...
Introduction Under IRC §41(b)(3), not all research expenses paid to third parties qualify equally for the R&D Tax Credit. The IRS allows taxpayers to claim a partial percentage of...
R&D Credit Planning Startups investing in innovation often face years of heavy research spending before generating revenue. The R&D Tax Credit under IRC §41 and §41(h) allows pre-revenue startups...
State and Federal R&D Tax Credits While the federal R&D Tax Credit under IRC §41 rewards businesses for innovation, many states also offer their own R&D credit programs to...
Returns for Missed R&D Credits Many businesses miss out on thousands of dollars in R&D Tax Credits because they fail to identify qualifying activities in earlier years. The good...