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...
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...
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...
R&D and Other Business Tax Credits The R&D Tax Credit under IRC §41 is one of the most valuable federal incentives for innovation-driven businesses. However, it often overlaps with...
Maximize Your R&D Tax Credit As the 2025 tax year closes, companies engaged in innovation, product development, or process improvement can significantly increase their R&D Tax Credit by implementing...