For Startups, the R&D Tax Credit Should Be a Cash-Flow Conversation
Many startup founders hear “R&D tax credit” and assume it is something to consider only after the company becomes profitable. That assumption can prove costly.
For eligible early-stage companies, the credit can be more than a tool to reduce a future income tax bill. A qualified small business can elect to apply as much as $500,000 of its research credit against certain employer payroll taxes.
State R&D Tax Credits: Why Federal Eligibility Is Only Half the Story
The federal Research and Development (R&D) Tax Credit is one of the most valuable incentives available to businesses investing in innovation. However, federal eligibility is only the beginning.
Many states offer their own R&D tax credits, creating additional savings beyond the federal benefit.
Establishing Land Value in a Real Estate Purchase
When purchasing real estate, the acquisition price often represents a single lumpsum amount that includes both the land and any improvements, such as buildings, parking lots, or other structures. Before depreciation can be calculated, the purchase price must be allocated between the non-depreciable land and the depreciable improvements.
It’s Not Your Typical Tax Career
When most people think about careers in tax, they picture compliance work, the dreaded tax deadline crunch, and spreadsheets. Specialty tax consulting is different.
It’s a field built around strategy, collaboration, and technical problem-solving, helping businesses uncover overlooked opportunities through specialized studies and incentive programs.
2026 Tax Deadlines You Can’t Miss
As 2026 unfolds, tax preparers and their clients are facing more than just routine filing deadlines. This year represents a convergence of expiring incentives, evolving IRS guidance, and statute-driven planning windows, which create significant planning opportunities. Many of these opportunities are time-sensitive, meaning that you must take advantage of them or the benefit will be lost.
Tax Trends We Expect in 2026
As we enter 2026, the U.S. tax landscape is undergoing meaningful transformation. From major tax law changes to evolving compliance expectations, businesses that stay ahead of trends can unlock tax-efficient strategies while avoiding pitfalls. Here’s what we expect to drive 2026 tax planning.
Qualified Production Property Interim Guidance Released
The IRS has released IRS Notice 2026-16, providing interim guidance on the new Qualified Production Property (QPP) asset class enacted under the One Big Beautiful Bill Act. This guidance clarifies eligibility, elections, and recapture mechanics for the new 100% special depreciation allowance available to qualifying production facilities.
Interim Guidance on 100% Bonus Depreciation Creates Opportunities
The IRS released Notice 2026-11, which explains how taxpayers can use the permanent 100% bonus depreciation deduction starting on January 19th, 2025.
How Auto Dealers Can Benefit From The One Big Beautiful Bill Act
The One Big Beautiful Bill Act (OBBBA) brings several changes that affect automobile dealership owners.
Small Business Guidance for Research & Experimentation Expenses
The IRS released Revenue Procedure 2025-28 on August 28th related to research and experimental (R&E) expenditures, which was significantly changed by the One Big Beautiful Bill Act (OBBBA).