Here’s the question I get asked more than any other: “We improve things all the time — does that count as R&D?” The answer depends entirely on whether your activities pass the IRS four-part test under IRC §41(d). Every dollar of R&D tax credit you claim must trace back to activities that satisfy all four […]
The Four-Part Test: How the IRS Determines If Your Work Qualifies as R&D Read More »
Let me be direct about where things stand: you can no longer file new Employee Retention Credit claims. The filing window officially closed on April 15, 2025, and the OBBBA further restricted eligibility for late-filed 2021 claims. But if your business already filed a claim — whether it’s been paid, denied, or is still sitting
ERC Refund Status 2026: What to Do If Your Claim Is Pending, Denied, or Under Audit Read More »
Here’s a number that surprises most property owners: 20-40% of a commercial building’s total cost can be reclassified into shorter depreciation schedules — 5, 7, or 15 years instead of the standard 27.5 or 39 (IRS Publication 5653, 2025). That means instead of waiting decades to recover your investment through depreciation, you can front-load a
Cost Segregation Explained: How to Unlock Immediate Tax Savings Read More »
Here’s something that still surprises business owners after all these years: 90% of R&D tax credit claims come from small and mid-sized businesses (Boast 2026 Benchmark Report). Not Fortune 500 companies. Not pharmaceutical giants. Businesses like yours. Yet the most common thing I hear from business owners is, “We don’t do R&D.” After 25 years
Understanding R&D Tax Credits: Are You Leaving Money on the Table? Read More »
