Maximizing the efficiency of your client's tax-paying dollar is the most important job of every accounting firm. Making the most out of every available tax credit is a proven game plan to reach the goal of not paying more than…
Some say that comparison is the thief of joy. But in business, that might not be entirely fair. While maintaining your vision of where the firm is going is critical, it's also important to keep an eye on the competition…
Recently, Tri-Merit published the results of our R&D Tax Credit survey. As is often the case, the results were full of information about who is offering R&D tax credit services - and who is not. The results also lead us…
R&D Tax Credit Benchmarking Survey & Study Research and Development Tax Credits represent a considerable opportunity for CPAs and their clients alike. How do we know? Well, we asked! Throughout the summer of 2021, Tri-Merit engaged in a comprehensive independent…
Ready to Offer IRS Audit Defense for Clients? The word “audit” around tax time is scary for businesses, the self-employed, W-2 filers, and even accounting firms. That said, the consensus is that audits trigger about .4-.5 percent of the time (based on…
The Unique CPA Virtual Conference (Everything you need to know) Tri-Merit is hosting our 1st Annual The Unique CPA Virtual Conference this December. As we wrap up 2021, we're putting together a great event to give accounting professionals like yourself…
Jon Seagraves, JD, EA There are many misconceptions concerning the eligibility of expenses incurred in the development of internal-use software for the R&D tax credit. These include a belief that internal-use software development doesn’t qualify for the credit and that…
Contractors can become eligible for the IRS's 45L Tax Credit by constructing energy-efficient residences. Learn more about the tax credit in this article.
Energy-efficient commercial buildings have the potential to save money on their taxes with the Section 179D deduction. Learn more in this article.
Does your business qualify for the employee retention credit? Here is everything you need to know about this credit.