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…
Senate Finance Committee Releases Draft Language — Here’s What’s Inside Last night, the Senate Finance Committee finally released its long-anticipated draft language outlining proposed changes to the House’s version of the GOP’s “One Big Beautiful Bill.” As expected, the new…
A Quick Update on the "One Big Beautiful Bill" Today could be a turning point for one of the biggest tax packages we’ve seen in a while. The Senate is working to finalize what’s being called the “One Big Beautiful…
At Tri-Merit, we’ve never been in it for the awards, but we’ll admit, this one feels pretty special. We’re proud to share that Tri-Merit has been ranked #11 on Future Firm’s Top 50 Modern Accounting Firms of 2025—a national list…
One Big Beautiful Bill Overview The world of taxation is notorious for its shifting landscape, and staying ahead can be a challenge. Enter the "One, Big, Beautiful Bill Act," which has just passed the House of Representatives and is now…