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 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...
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...
Calculate the R&D Tax Credit The R&D Tax Credit under IRC §41(a) helps U.S. businesses save taxes for qualifying research and innovation. The Regular Method is the original formula...
U.S. Taxes on Indian Property Can Be a Hidden Trap Many Indian NRIs in the U.S. own property in India inherited, gifted, or purchased. What most don’t realize is:...
The Hidden Tax Risk No One Warns You About Many Indian-Americans working in the U.S. hold bank accounts, fixed deposits, mutual funds, or properties in India but fail to...
Sustainable businesses are at the forefront of innovation and growth—and the U.S. tax code now strongly rewards eco-conscious decisions. From solar panels to energy-efficient buildings, there are multiple tax...