What CPAs Should Prepare based on 2024 Proposed Changes to Form 6765
Form 6765 is undergoing significant changes for tax year 2024. The changes are expected given the amount of attention the
September 23, 2024
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How to Minimize Tax Impact From Section 174 Capitalization
Recent changes in tax regulations have significantly impacted how businesses handle research and development (R&D) expenses, especially concerning Section 174
September 20, 2024
A Boom for Startups in California: Leveraging the SSBCI Loan Program
Starting a new venture is always a thrilling yet challenging endeavor. One of the most significant hurdles for startups is
July 3, 2024
Section 174 Update (2023 and 2024 Tax Years) – What CPAs have to do to Capitalize R&D Expenditures
The IRS released an advance version of Notice 2023-63 providing interim guidance intended to clarify the application of section 174, as amended
September 14, 2023
New Changes to R&D Tax Credit in 2023
2023 brought several changes to the R&D tax credit and its related provisions. As many of you already know, the
July 10, 2023
83(b) Election – What A Founder Needs to Know
An 83(b) election is a provision under the U.S. Internal Revenue Code (IRC) that gives an employee the option to
July 10, 2023
How VCs Make Investment Decisions
Venture Capital (VC) firms employ three primary investment decision-making models. The Studio Model favors a hands-on approach where studio operators
July 10, 2023
What is Research and Development Tax Credit?
The history of the R&D tax credit, also referred to as the Research Credit, started almost 35 years ago to allow businesses that
February 18, 2022