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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.
New IRS Relief for §163(j) Elections
On March 18, the IRS issued Revenue Procedure 2026-17. This guidance allows taxpayers to withdraw certain elections that were previously treated as irrevocable.
The relief applies to taxpayers who elected to be: a real property trade or business, an electing farming business, or an excepted regulated utility trade or business. Eligible taxpayers may amend their 2022, 2023, and 2024 tax returns to revoke these elections.
