Latest Updates

In an era where clean energy and sustainability are at the forefront of industrial development, the U.S. Department of Treasury and Internal Revenue Service have announced pivotal updates that promise to influence the landscape of energy project financing...

By Marlon Stepp Despite all the gloom and doom predictions for commercial real estate, two-thirds of the world’s total building area today will still exist in 2040. Buildings generate nearly 40% of annual global CO2 emissions. Without widespread building...

By Randy Crabtree, CPA Are you feeling tired all the time? Are you having frequent negative thoughts about your work and questioning why you became an accountant? Are you not caring as much as you used to? Is your efficiency slipping lately? If so, you may be...

Enhanced Tax Credits for Businesses and Families: A $78 Billion Proposal January 16, 2024 In a bipartisan effort, Senate Finance Committee Chairman Ron Wyden (D-Ore.) and House Ways and Means Committee Chairman Jason Smith (R-Mo.) have announced a new tax framework...

Helping Manufacturing Clients Qualify for Advanced Energy Project Credits By Barry Devine The Advanced Energy Project Credit provides qualifying manufacturers with billions of dollars in tax credits for making investments in advanced energy projects, as defined in 26...

Tri-Merit's 2023 Updates: A Year of Growth and Change As we navigated through 2023, the landscape of the R&D tax credit world had gone through significant alterations. At Tri-Merit, we are closely monitoring these changes to serve our clients better. One of the...

Tri-Merit's New Service Offering: ERC Verification Explained Tri-Merit has recently launched a new service offering - Employee Retention Credit (ERC) Verification. This article will detail the process and answer some common questions. The ERC Verification Process The...

written by Natalie Grumhaus With the harmful changes under the Tax Cuts and Jobs Act (TCJA) forcing the capitalization and amortization of research and experimentation costs, Tri-Merit has continued to advocate for its clients while also keeping a close eye on the...

We are excited to announce the return of the Bridging the Gap conference in 2024 after a highly successful debut last year. In 2023, our central theme was work-life balance and mental health, and we're thrilled to continue that focus this year with enriching...

  What is the Inflation Reduction Act? Why is it important? The Inflation Reduction Act of 2022 (IRA) introduces the grandest energy incentive effort in U.S. history. Building upon the energy initiatives implemented in the American Reinvestment Recovery Act of...

To our friends, families, clients, and supporters, Recognition of this type is simply a testament to the exceptional work done by the entire Tri-Merit team over the years. Their knowledge, expertise, and commitment to providing exceptional service to our clients have...

The TCJA requirement that all Section 174 (R&E) expenses be amortized over a 60 (domestic) or 180 (foreign) month period is still in place. However, there are two bills introduced in 2023, one in the Senate and one in the House of Representatives, that would...

The term “prevailing wage” has long been used in the context of federal agencies that award or fund contracts for the construction or repair of public buildings or public works.  The rules were originally proscribed in the Davis-Bacon and Related Acts and...

I can’t begin to tell you how excited I am that the 2023 Unique CPA Conference will be an in-person event this year. Scheduled to kick off with an evening event on August 28, followed by two comprehensive days of informative and collaborative sessions at the Loews...

  The r(EVOLUTION)ary Shake-Up Is Happening - Are You On Board?     The Unique CPA has lined up a list of the top names in accounting to share their industry insights at our 2nd Annual Virtual Conference. Registration closes soon, so now is the time to...