Qualified Research Expenses When claiming the R&D Tax Credit under IRC §41, identifying and classifying Qualified Research Expenses (QREs) correctly is the foundation of a compliant and defensible credit...
Introduction When calculating the R&D Tax Credit under IRC §41, determining Gross Receipts correctly is critical. Gross receipts form the foundation of both the Fixed-Base Percentage (FBP) and the...
Introduction Businesses claiming the R&D Tax Credit under IRC §41 can choose between two main calculation approaches — the Regular Method and the Alternative Simplified Credit (ASC) Method. Understanding...
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 In 2025, tax compliance goes beyond deadlines. It’s about accuracy, efficiency, and using the right technology. One proven tip businesses are using to stay ahead: automate your tax...
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....