FAQs
What is the New IRS Form 6765?
The IRS changes to Form 6765 ask for much more granular information from the taxpayer. This new form underlines the need for businesses to utilize these new datasets. With the introduction of stricter reporting requirements, businesses and their accountants are being asked to take a proactive approach to compliance.
What Changed for the R&D Credit in Trump's One Big Beautiful Bill Act?
Many in Silicon Valley had been loudly calling for Section 174 to be changed back to its pre-TCJA form. After plenty of deadlock in Congress these last few years, it’s finally happened.
What is a Multi-Year Lookback R&D Credit?
You can claim the R&D tax credit for the current tax year plus amend returns for the previous three tax years. For example, in 2025, you could claim credits for 2025, 2024, 2023, and 2022. That retroactive tax filing could be worth hundreds of thousands of dollars (or more) for your company.