Brian Lefever, Author at RD Tax Credit Software

A Deeper Dive into Qualified Research Expenses (R&D Tax Credit)

by Brian Lefever | Feb 8, 2019 | R&D Credit

The Research and Development (R&D) Tax Credit is comprised of three main categories of cost that can qualify for the credit. The three categories, formally known as “Qualified Research Expenses (QREs),” include wages, supplies, and contractors. QUALIFIED LABOR...

What Determines a Qualified Research Activity?

by Brian Lefever | Feb 8, 2019 | R&D Credit

The R&D Tax Credit is an incentive to protect American jobs by rewarding companies who are constantly striving for the “next best thing” here in the U.S. From startups to mid-sized businesses to Fortune 500s, this tax credit is for those who innovate, create, and...

How Do I Calculate the (RD) Research Credit?

by Brian Lefever | Jan 14, 2019 | R&D Credit

To calculate the R&D Tax Credit, you need to complete IRS Form 6765 and include it as a part of your company’s tax return. The challenge is, your CPA can’t do it without YOUR help – you need to give him/her your total Qualified Research Expenses...

How to Make Your R&D Tax Credit Defensible

by Brian Lefever | Mar 25, 2018 | R&D Credit

Below are helpful tips to implement to make your R&D Tax Credit Calculation “bulletproof.” If your company relies on the hard sciences or uses technology to create or improve products or processes, you may be engaging in qualified...

Time Management Tips for CPAs

by Brian Lefever | Jan 11, 2018 | News

It’s important that CPAs manage their time wisely to be most effective. Below are a few tips if you are striving to be a more efficient CPA. Prioritize. One technique time-management coach and author Elizabeth Saunders recommended is to set priorities after...