With the repeal of Section 174’s mandatory capitalization provision under the recently enacted One Big Beautiful Bill Act, the landscape has shifted for R&D tax...

A 179D energy-efficiency tax deduction may be allocated to architects, engineers, and designers, but navigating the complexities of a claim without guidance cou...

Young accountants must not only stay informed about regulatory and legislative changes in taxation but also understand the impact on each client and situation. ...

The updated Form 6765 for the R&D credit requests an extremely high level of detail and documentation. Taxpayers will need to be able to split qualified researc...

In June 2024, the U.S. Supreme Court issued a decision that held that statutory interpretation is a judicial function, and courts may not defer to an agency’s i...