45L
How to Maximize Energy Efficiency Tax Credits Under New IRS Rules
The eco-conscious movement continues gaining momentum, and the IRS is lending a hand. With energy efficiency incentives like 45L and
August 28, 2023
Tag: IRS
Articles and posts covering the Internal Revenue Service updates to new regulations, and interpretations of tax code.
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Tax Alerts
IRS Prevailing Wage and Apprenticeship Guidance Issued for 2023-2032
Article Sections Overview Impacted Programs Prevailing Wage Guidance Apprenticeship Guidance Recordkeeping Requirements Beginning of Construction Guidance Fast Facts Conclusion Resources
December 5, 2022
R&D Tax Credit
What Does Section 174’s New Amortization Rule Mean for R&D Credits?
Future changes to the way companies can take deductions from research and development expenses may make investing in innovation more
November 29, 2022
R&D Tax Credit
TAX ALERT: IRS may extend the transition period for compliance regarding research credit refund claims
IRS Update *** The IRS is extending for another year (through January 10, 2024) the transition period during which
September 30, 2022
R&D Tax Credit
Don’t Use an Automated Online Platform to Submit R&D Tax Credits to the IRS
Does Bill Gates use TurboTax? We don’t think so. While automated online platform tax return submission might be a convenient
May 17, 2022
Taxes
A Brief History of Tax Day—and the U.S. Income Tax
Usually, the IRS demands we file our federal income taxes on April 15, but this year, Tax Day is Monday,
April 15, 2022
R&D Tax Credit
Filing an Amended Return for R&D Tax Credits? There’s a January 10 Deadline to Comply with Stringent New IRS Reporting Rules
If your filing an amended return for R&D tax credits, time is running out. On October 15, the IRS, via
December 3, 2021
R&D Tax Credit
Calling for IRS Guidance – Do Service Firms Qualify for R&D Tax Credits?
There’s been a disturbing change in precedent as practiced by the IRS: IRS audits of research and development (R&D) tax credit claims
July 19, 2021
Architects
How Architects Can Overcome IRS Hurdles to Obtain R&D Tax Credits
Architects often ask if they will face resistance from the IRS if they claim R&D tax credits and get audited,
March 15, 2021
R&D Tax Credit
IRS Should Level The Field For R&D Tax Credits
For years now, the architectural, engineering, and construction community has been receiving the research and development tax credits it deserves
March 8, 2021