Tax laws and regulations are constantly changing, and it can be difficult to keep up with it all. In this blog, CSSI experts share their insights around the most relevant issues and developments impacting your tax situation.
October 26, 2026
Semiconductor and electronics companies can claim the federal research credit for chip and circuit design, process development, test and yield engineering, board and hardware design, and firmware, to the extent each project meets the four requirements of section 41(d)(1) and is not excluded. Wafers and materials consumed in experiments can be supply costs, but depreciable […]
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October 26, 2026
Under Treas. Reg. 1.41-4(b)(2), the requirements for qualified research are applied first to the whole business component: the product, process, computer software, technique, formula or invention. Only if the whole component fails do they apply to the most significant subset of its elements, and then to successively smaller subsets, until a subset qualifies or the […]
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October 26, 2026
Plastics processors and injection molders can claim the federal research credit for developing new parts, molds, materials and processing parameters when the work meets the four requirements of section 41(d)(1). On the cost side, section 41(b)(2)(C) decides most questions: resin and other materials consumed in qualified trials can be supplies, but molds and tooling the […]
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October 26, 2026
Lower office occupancy and values do not by themselves change the depreciation on a building you own, because depreciation is computed on cost basis allocated between land and building, not on current market value. What changes the analysis are the events that often come with a soft market: a purchase at a discounted price, which […]
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