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...
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...
ASC vs Regular Method The R&D Tax Credit under IRC §41 can be calculated using two different methods — the Regular Method and the Alternative Simplified Credit (ASC) Method....