2026 R&D Tax Credit: Preparing for Form 6765 Section G
Businesses planning to claim the federal R&D tax credit for 2026 should start preparing for Form 6765 Section G now. For tax years beginning on or after January 1, 2026, many claimants will need to report qualified research expenses by business component. This could include specific products, processes, software, techniques, formulas, or inventions. When Section […]
Senator Pushes for R&D Tax Incentives to Strengthen Critical Infrastructure Cybersecurity
Senate Intelligence Committee Chairman, Tom Cotton, R-Ark., is pressing Treasury Secretary Scott Bessent to use existing tax incentives to encourage companies to invest in securing operational technology, or OT; the hardware and software used to control physical processes across critical infrastructure. America’s critical infrastructure increasingly runs on a combination of modern networks and decades-old technology, […]
California SB 711: New Opportunities to Save for Businesses Engaged in Research and Development
California’s Senate Bill 711 (SB 711), signed by Governor Newsom on October 1, 2025, represents the most significant update to California’s tax conformity framework in a decade. By advancing the state’s reference date for Internal Revenue Code (IRC) conformity from January 1, 2015, to January 1, 2025, SB 711 incorporates numerous federal tax changes into […]
Turning R&D Expenses into Payroll Tax Savings
How Small Businesses Can Use the R&D Tax Credit to Reduce Payroll Taxes