Why Are Research and Development Expenses Still Amortized?
On February 25, 2025, the House of Representatives voted overwhelmingly to repeal a highly unpopular provision from the 2017 tax changes that forced companies to spread their R&D tax savings over half a decade. Billions of dollars are at stake for American businesses that invest in growth and innovation. This is a big deal. Except, […]
Guide to R&D Expense Capitalization & Amortization
What is going on with Section 174 and the research expenses? The uncertain rules around amortizing and capitalizing research expenses are creating significant planning challenges for businesses. In order to create the illusion that the 2017 tax changes were revenue neutral, Congress eliminated the ability of companies doing research to write off 100% of their […]
How to Document Your R&D Activities for a Successful Tax Credit Claim
If your business engages in any research and development to improve its processes, products or services, it likely qualifies for the federal R&D Tax Credit. This credit – not a deduction, but a dollar-for-dollar reduction in taxes. can create immediate cash flow by reducing current-year tax liability for a broad range of business activities in […]
Qualified Research Expenses: A Complete Guide
If your company is planning to claim the powerful R&D Tax Credit, which can funnel significant savings back into the business, you first need to know what qualified research expenses (QRE) make this claim possible. To start with, you must determine whether your business performs qualified research activities, that is, whether it fulfills the four-part […]
Overcoming the Challenges of Section 174 with NTG Mutual 174 Coverage
As businesses continue to invest in innovation through research and development (R&D), evolving tax laws are posing new challenges, particularly with the recent changes under Section 174 of the Tax Cuts and Jobs Act. These updates are forcing companies to rethink their financial strategies, especially when it comes to managing cash flow and maintaining tax […]
A Guide to R&D Tax Credits for IT Companies
In the ever-evolving field of information technology (IT), the drive for innovation is essential to maintaining a competitive edge. For IT companies engaged in developing new technologies or improving existing ones, Research and Development (R&D) tax credits offer a significant financial benefit. Understanding and leveraging these credits can provide substantial support to ongoing innovation efforts. […]
How NTG Mutual Section 174 Coverage is Solving Cash-Flow Issues for Businesses Claiming R&D Tax Credits
As tax regulations continue to evolve, businesses engaged in research and development (R&D) are facing new and complex challenges. The recent changes in the treatment of R&D expenses, especially under Section 174 of the Tax Cuts and Jobs Act of 2017, have created a significant financial strain for companies. Many are left wondering how to […]
10 Tips to successfully claim the R&D Tax Credit in 2024
Research and Development (R&D) tax credit is a valuable financial incentive for businesses engaged in innovative projects. In the United States, these credits encourage companies to invest in R&D by offering substantial tax savings. However, navigating the complexities of the R&D tax credit claim process can be challenging. To maximize your claim and ensure a […]
Update on Uncertainty: The Future of the R&D Credit
In a pivotal moment early last month, the Senate blocked bipartisan legislation that aimed to restore and expand key business tax provisions, including the vital research and development (R&D) tax credit. This vote has left American businesses in a precarious position, as the tax package also sought to address bonus depreciation and interest expense limitations. […]
Unleashing the Power of R&D Tax Credits for Manufacturing Businesses
As a manufacturing business leader, you’re constantly striving to stay ahead of the competition and drive innovation. But are you fully leveraging one of the most powerful financial tools at your disposal? The Research and Development (R&D) Tax Credit is a game-changer that can significantly boost your bottom line, yet it’s often overlooked. Let’s dive […]