FAQs About the Federal Research Credit
Businesses investing in research and development (R&D) may qualify for a valuable federal tax credit. While the rules can be complex, the potential savings are… Read More »FAQs About the Federal Research Credit
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Last Chance for EV and Green Home Tax Breaks
Several clean energy tax incentives were cut short by the One Big Beautiful Bill Act (OBBBA). If you purchased an electric vehicle or made eco‑friendly… Read More »Last Chance for EV and Green Home Tax Breaks
Small Business Health Care Coverage Credit Explained
Tax Credits vs. Deductions: Why Credits MatterTax credits reduce your tax liability dollar‑for‑dollar, making them more powerful than deductions, which only lower taxable income. One… Read More »Small Business Health Care Coverage Credit Explained
Plug-In Electric Vehicle Credit (IRC 30 and IRC 30D)
Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger… Read More »Plug-In Electric Vehicle Credit (IRC 30 and IRC 30D)
Special Limitation Period for Retroactively Excluding Military Retirement Pay
If you retire from the armed services based on years of service and are later given a retroactive service-connected disability rating by the VA, your… Read More »Special Limitation Period for Retroactively Excluding Military Retirement Pay
New homebuyer credit rules
The “first-time homebuyer credit” isn’t just for first-time homebuyers anymore. Thanks to a new tax law change, longtime homeowners may also qualify. Under the new… Read More »New homebuyer credit rules
Manufacturing Tax Tips
Fringe Benefits – Manufacturing Tax Tips What is a fringe benefit and how does it affect my taxes? Inventory – Manufacturing Tax Tips How do… Read More »Manufacturing Tax Tips