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.
August 28, 2026
Software your company sells, leases or licenses to customers is tested like any other business component under the ordinary section 41 rules. Software your company builds for its own back-office operations is treated as internal use software and has to clear a second, higher standard on top of those rules, called the high threshold of […]
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August 27, 2026
Every company claiming the research credit makes a choice, whether or not anyone frames it as one. Take the full credit and reduce your domestic research deduction or capitalized amount by the same figure, or elect under section 280C(c)(2) to take a credit worth 79% of the full amount and leave the deduction intact. The […]
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August 27, 2026
Electing the payroll tax offset on Form 6765 does not reduce anything by itself. It establishes an amount, up to $500,000 a year, that a qualified small business is entitled to apply against employer payroll taxes. Form 8974 is the mechanism that applies it, filed with the quarterly employment tax return, and the credit first […]
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August 27, 2026
Understanding Recapture Recapture is a tax implication that arises when a depreciated asset is sold. It essentially involves paying taxes on the depreciation that was previously deducted. While cost segregation studies can significantly increase depreciation deductions, it’s crucial to understand how they may affect recapture. The Impact of Cost Segregation on Recapture A cost segregation […]
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