Can I deduct software development costs on my taxes? (small business & free…
Yes, software development costs are deductible as ordinary and necessary business expenses under IRS Publication 535, but what the software is decides everything else. …
Business
Business coverage from GeekExtreme, including tech companies, startups, digital media, software businesses, creator platforms, gaming companies, AI, e-commerce, online entrepreneurship, workplace tools, and the money behind modern geek culture.
How Much Is the R&D Tax Credit Worth? The $500K Payroll Cap and 6% Startup …
I was poking around the guts of IRC Section 41 expecting the usual "it depends" tax answer, and instead found something with actual spec …
Internal Use Software R&D Credit Rules: What TD 9786 Changed for SaaS and S…
Somewhere in the tax code, buried in Section 41, there's a rule that looks directly at the software your team wrote and asks a …
Qualified Research Expenses for the R&D Credit: A Line-by-Line Guide for So…
Under Section 41(b)(1), qualified research expenses are the sum of two categories: in-house research expenses and contract research expenses, and if a cost isn't …
R&D Tax Credit for Software Development: The IRS Audit Guide’s Risk T…
The R&D tax credit for software development is a dollar-for-dollar federal credit under IRC §41, and yes, software development can qualify, provided it passes …
Software Development Costs Tax Treatment Under OBBBA: Full Expensing Returns, bu…
If you've been running software teams since 2022, you've watched a genuinely annoying piece of the tax code grind your deductions into powder. The …
Most Overlooked Tax Deductions for Tech Professionals and Small Businesses, Rank…
If you're a self-employed developer or freelancer, there's a decent chance you paid more tax last year than you actually owed. Not because you …
Is Software Development Tax Deductible? OBBBA Restored Expensing — What Change…
I went down a tax code rabbit hole last month, and honestly I didn't expect to come back excited. The question was simple: is …
Types of Business Lines of Credit: Secured vs. Unsecured, With Real Bank Pricing
There are exactly two kinds of business lines of credit, and the difference between them comes down to one question: what are you willing …
