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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.
One Less To-Do: Neo.Tax Automated Capitalization Milestones
One of the most tedious and frustrating parts of the software capitalization process is identifying the projects to capitalize and the capitalization milestones. Neo.Tax's Automated Capitalization tool just solved the problem!
Trump's One Big Beautiful Bill Just Changed the R&D Tax Credit—Here's What You Need To Know
Tucked within the "One Big Beautiful Bill Act" (Section 70302) is a massive boon for U.S. corporations. While it’s not a full reinstatement of the old way of expensing R&D, the OBBBA dramatically improves the playing field.
How Neo.Tax Tackles the New Form 6765 Section G Reporting Requirements
The new Form 6765 is an example of the way a minor edit to tax law can have a massive effect on innovative companies. Our goal at Neo.Tax is to always do the legwork to make sure these changes are as seamless as possible for our customers. Here's how.
How Does Neo.Tax’s AI Work?
When it comes to taxes, trust is essential. To build that trust, we believe in being transparent about how our AI works. Which is why we’re pulling back the curtain on how our AI works at Neo.Tax. So, here’s what you need to know.
The Impact of AI in R&D Tax Credits
Can AI really be trusted with something as high-stakes as taxes? A better question is, Can we trust a process as antiquated as one that relies on the memories of engineers and managers months after the work was done?
Neo.Talent: Co-Founder and CTO Firas Abuzaid Sees Tax as a Big Data Problem
Neo.Tax co-founder and CTO Firas Abuzaid has watched as so many industries try to force AI into places where it just doesn’t fit: a hammer-in-search-of-a-nail situation. But it’s become clear to him that tax is a space where machine learning is the solution. "We found a problem where AI is necessary to win, and the AI has to be really high quality."
An Update on Kyocera and What It Means For You
Last summer, we wrote a post called “The Kyocera Section 41 Case Should be a Wake-Up Call” about the precariousness of relying exclusively on interviews to deliver the necessary proof to the IRS on an R&D filing. With the Kyocera case back in the news, it’s clearly time for an update.
A Guide to the New IRS Form 6765
In February 2025, the IRS released their final version of Form 6765. It dramatically changes the way business file their R&D Credit. Many organizations' credit-filing processes will require significantly more time and effort to complete. If you're filing manually, here's what you need to know...
How Neo.Tax Safeguards Your Sensitive Data
Data is the lifeblood of innovative companies. You spend massive resources to protect it. But a security system is only as strong as its weakest link. We understand that. That’s why we’ve taken every step possible to use industry-leading protections at every level of Neo.Tax.
Enterprise PMOs are Wasting Your Engineers' Time
Engineers didn’t sign up to bookkeep. The burden of accurately tagging and tracking their work is a headache that’s out of sync with the rest of their workflow. So, we created a better solution with Neo.Tax: an automated solution that calculates your engineering team’s time — with accuracy and consistency — from existing systems. Remove the burden from engineering and remove human error from your datasets.
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.