by KPT Consulting | Oct 10, 2023 | Tax Credits
On September 8th, 2023, the IRS and Treasury released Notice 2023-63. This notice provides guidance on the amortization of specified research or experimental (SRE) expenditures under section 174. This was welcome news for taxpayers and practitioners who have been long...
by KPT Consulting | Sep 24, 2023 | Tax Credits
In this blog article, we will explore the significance of R&D tax credits in fostering innovation within the renewable energy sector, and how they contribute to shaping a cleaner and more sustainable future for all. In the face of pressing environmental...
by KPT Consulting | Jun 29, 2023 | Tax Credits
Research and Development (R&D) tax credits offer a valuable opportunity for businesses to recoup a portion of their R&D expenditures and promote innovation. However, navigating the complexities of R&D tax credit claims can be challenging. Many companies...
by KPT Consulting | May 5, 2023 | Tax Credits
Partnering with an R&D tax consultant can offer many benefits to businesses looking to take advantage of R&D tax credits. Here are some of the key benefits: 1. Expertise and Experience R&D tax consultants have extensive knowledge and experience in...
by KPT Consulting | Apr 3, 2023 | Tax Credits, Uncategorized
As a business owner, you’re always looking for ways to reduce your tax bill and keep more of your hard-earned money. One often-overlooked option for small and mid-sized businesses is the Research and Development (R&D) tax credit. Many associate the R&D...
by KPT Consulting | Mar 28, 2023 | Tax Credits
Changes enacted under the 2017 Tax Cuts and Jobs act are now fully in effect for tax years beginning after December 31, 2021. One of the key changes, along with required amortization of research and experimentation expenses, were changes to the 280C election....
