(Updated for HR 1 / OBBB and IRS guidance as of December 2025) When Congress passed HR 1, also known as OBBB (“One Big Beautiful Bill”), it reshaped how businesses and public organizations plan renewable energy projects. Some incentives became…
R&D tax credits are one of the most effective ways for businesses to increase cash flow. Yet many companies miss out because the rules are complex and easy to misunderstand. This guide highlights the eight most common mistakes and how…
What Is Cost Segregation? Cost segregation is an IRS-approved tax strategy that enables commercial property owners to accelerate depreciation and enhance their cash flow. By breaking down a building into its individual components—like electrical and mechanical systems, finishes, and land…
It’s that time of year again. The tax deadlines have passed, your clients have finally exhaled, and now comes the real opportunity: planning ahead. While most are still catching their breath from 2024 filings, tax professionals know that the best…
The 4-Part Test for the R&D Tax Credit How to Know If Your Work Qualifies (and Why It Matters) If your company develops or improves products, processes, or technology, you may qualify for the federal R&D Tax Credit…even if…
The IRS has officially postponed mandatory Section G reporting on Form 6765, the form used to claim the Research & Development (R&D) Tax Credit. This update gives businesses additional time to adjust their documentation processes and prepare for the more…
Key Filing Deadlines for Businesses and Individuals The October 15 extended filing deadline is quickly approaching for 2024 tax returns. While Tri-Merit does not prepare or file tax returns, our team works closely with CPAs and businesses to ensure that…
The Tax Credits You’ve Never Heard Of (and How to Claim Them) When most people think of tax credits, a few big names come to mind — the R&D Credit, maybe the Work Opportunity Tax Credit (WOTC) if they’ve heard…
IRC §48C ADVANCED ENERGY PROPERTY CREDIT ALLOCATIONS AND IRS CERTIFICATION PROCESS AFTER OBBB John Kapral, JD, CPA, LLM Tri-Merit Sr. Director, Renewable Energy Tax Credits Overview The recently enacted Budget Reconciliation Bill of 2025 (commonly called the “One…
The One Big Beautiful Bill (OBBB) has officially passed—and it’s kind of a big deal. After years of tax code whiplash, this legislation finally brings clarity and (more importantly) opportunity. From fully restoring 100% expensing for domestic R&D to reviving…