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What Is a QAP? Understanding Qualified Allocation Plans and LIHTC

Safa Bari September 24, 2026

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC A Qualified Allocation Plan (QAP) is the framework a state housing agency uses to establish priorities and criteria for awarding Low-Income Housing Tax Credits (LIHTC) to affordable housing developments. Because demand for LIHTC funding often exceeds the amount of credits available, the QAP plays an important role in determining which

Energy Tax Incentive

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC

Safa Bari September 24, 2026

Cost Seg

Overview of Form 3115: What Business Owners Need to Know About Changing Your Accounting Method

Overview of Form 3115: What Business Owners Need to Know About Changing Your Accounting Method Form 3115, Application for Change in Accounting Method, is the IRS form businesses file to request or report a change in how they recognize income or expenses for tax purposes — such as switching from

Matt McKinney September 15, 2026

Energy Tax Incentive

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC A Qualified Allocation Plan (QAP) is the framework a state

Safa Bari September 24, 2026

Cost Seg

Overview of Form 3115: What Business Owners Need to Know About Changing Your Accounting Method

Overview of Form 3115: What Business Owners Need to Know About Changing Your Accounting Method Form 3115, Application for Change

Matt McKinney September 15, 2026

washington business people working at table with laptop

Sales & Use Tax

The Same Digital Service, Different Tax Result:Why State-by-State Taxability Reviews Matter in 2026

Digital products and technology services continue to blur the traditional line between taxable property and nontaxable services. For multistate businesses,

Deborah Dingess September 14, 2026

R&D

8 Things to Consider when Choosing an R&D Tax Credit Practitioner

The Tax Cuts and Jobs Act that was recently passed by Congress raised a lot of concerns and questions about the future of the R&D Tax Credit . Fortunately, our lawmakers worked out their differences and the research tax incentive survived to continue as a vital part of the tax code. Hopefully,

Rachel Bishop, CPA January 21, 2021

person looking at qualified research activities on cellphone

R&D

R&D Tax Credit: Qualifying and Non-Qualifying Research Activities

It’s tax time! Is your company and your CPA firm working vigorously to gather the financial data for 2017? Are you taking full advantage of the Research and Development (R&D) Tax Credit? The R&D Tax Credit can provide huge tax savings regarding the expenses incurred for qualifying activities. So, what exactly are qualifying

Deb Roth, CPA January 21, 2021

Cost Segregation

Energy

Sales & Use Tax

Sales Tax Rules and SaaS in Maryland

Maryland Declares SaaS Taxable The hottest topic in the State & Local Tax community has been the emergence of tax laws surrounding the taxability of “Software as a Service” – or more commonly known as “SaaS.” In March 2021, Maryland’s Office of the Comptroller issued guidance on digital products and streaming

Chris Vignone August 10, 2021

Sales & Use Tax

Chicago Personal Property Lease Transaction Tax: Understanding SaaS in The City of Chicago

What is SaaS? Getting a grasp on Software as a Service (SaaS) and sales tax is, at times, complicated. This is true, not only for taxpayers but for some states and localities as well. SaaS has become a general term for a model where software is hosted or “sits on”

Chris Vignone December 1, 2020

LIFO

Section 174

Section 174

Educating Clients on Section 174: A Guide for CPAs

Understanding Section 174 and Its Impact Section 174 of the Internal Revenue Code governs the treatment of Specified Research or

Jordan Fazio February 26, 2025

person working with floating 174 expenditure bar graph

Section 174

Section 174 Explained

What is Section 174? Section 174 of the Internal Revenue Code now defines the treatment of Specified Research or Experimental

Deb Roth, CPA June 4, 2024

Section 174

Offsetting Section 174 R&E Software Development Tax Liability With R&D Tax Credits

Section 174 Changes Impact R&D Tax Credits for Software The new changes to Section 174 have a significant impact on

Deb Roth, CPA April 16, 2023

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Blogs

Featured Blogs

Featured Blogs

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC

Overview of Form 3115: What Business Owners Need to Know About Changing Your Accounting Method

What Is a QAP? Understanding Qualified Allocation Plans and LIHTC

Overview of Form 3115: What Business Owners Need to Know About Changing Your Accounting Method

The Same Digital Service, Different Tax Result:Why State-by-State Taxability Reviews Matter in 2026

R&D

8 Things to Consider when Choosing an R&D Tax Credit Practitioner

R&D Tax Credit: Qualifying and Non-Qualifying Research Activities

Cost Segregation

Energy

Sales & Use Tax

Sales Tax Rules and SaaS in Maryland

Chicago Personal Property Lease Transaction Tax: Understanding SaaS in The City of Chicago

LIFO

Section 174

Educating Clients on Section 174: A Guide for CPAs

Section 174 Explained

Offsetting Section 174 R&E Software Development Tax Liability With R&D Tax Credits

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