Missed the R&D Credit in Prior Years? Here’s Your Second Chance
For years, uncertainty surrounding Section 174 made many businesses hesitate to pursue the Research & Development (R&D) Tax Credit and Deduction. Since 2022, complex capitalization rules and compliance burdens left even innovative companies wondering whether the work was worth the effort.
How to Save More in Taxes Year Round
Let’s Talk About - Why is year-round tax planning such a big deal? Are we just trying to add one more thing to your plate to make our lives easier at tax time? Wouldn’t it be easier to just wait until the end of the year—and maybe even file an extension to not have to worry about taxes til next fall?
Taking Equity in Lieu of Payment - Things you need to know
Taking shares for your fee is an excellent way to create upside for your consulting work, but make sure you are being smart about the transaction