Section 174

One Big Beautiful Bill’s New R&D Deductions

November 3, 2025 By Christian Block CPA

The OBBB, also known as the One Big Beautiful Bill, also known as the American Innovation and Growth Act of 2025, makes a useful change to the R&D … [Read more...] about One Big Beautiful Bill’s New R&D Deductions

Section 174 Software Development Accounting Primer

June 3, 2024 By Stephen Nelson CPA

Okay. So, yeah, Section 174 software development accounting. A bit of mess, right? I hear you. We had more than a few client questions last tax … [Read more...] about Section 174 Software Development Accounting Primer

Trump Savings Accounts – Free Money from the Government

Child focused tax benefits have taken on many forms over the years. We've had child tax credits, dependent care credits, education credits, 529 … [Read More...] about Trump Savings Accounts – Free Money from the Government

Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

Real estate investors know about bonus depreciation. They also know about 1031 like-kind exchanges. But not everyone realizes that the two rules can … [Read More...] about Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

The Section 168(k) Bonus Depreciation Purchased Requirement

You can get 100% bonus depreciation on tangible personal property assets you purchase and place into service after January 19, 2025. That seems … [Read More...] about The Section 168(k) Bonus Depreciation Purchased Requirement