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Data Center Sales Tax Incentives Are Changing: What Developers and Operators Should Review in 2026

Deborah Dingess October 13, 2026

Data Center Sales Tax Incentives Are Changing: What Developers and Operators Should Review in 2026 Data center investment continues to accelerate across the United States, but the sales tax incentives used to attract those projects are becoming less predictable. For developers, operators, contractors, and technology companies, 2026 has reinforced an important point: a data center exemption should never be treated

Sales & Use Tax

Data Center Sales Tax Incentives Are Changing: What Developers and Operators Should Review in 2026

Deborah Dingess October 13, 2026

Energy Tax Incentive

Overview of Form 7220: How Prevailing Wage and Apprenticeship Rules Affect Your Clean Energy Tax Credit

Overview of Form 7220: How Prevailing Wage and Apprenticeship Rules Affect Your Clean Energy Tax Credit Form 7220, Prevailing Wage and Apprenticeship (PWA) Verification and Corrections, is the IRS form used to document that a clean energy project met labor standards required under the Inflation Reduction Act and to calculate

Safa Bari October 7, 2026

Sales & Use Tax

Data Center Sales Tax Incentives Are Changing: What Developers and Operators Should Review in 2026

Data Center Sales Tax Incentives Are Changing: What Developers and Operators Should Review in 2026 Data center investment continues to

Deborah Dingess October 13, 2026

Energy Tax Incentive

Overview of Form 7220: How Prevailing Wage and Apprenticeship Rules Affect Your Clean Energy Tax Credit

Overview of Form 7220: How Prevailing Wage and Apprenticeship Rules Affect Your Clean Energy Tax Credit Form 7220, Prevailing Wage

Safa Bari October 7, 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

R&D

R&D

Changes in Wisconsin R&D Tax Credits

The Wisconsin R&D tax credit refundable portion will increase from 15% to 25% beginning on or after January 1, 2024.

Alex Pak December 7, 2023

R&D

Proposed Changes to R&D Tax Credits Form

The Internal Revenue Service (IRS) has released a preview of proposed changes to Form 6765, Credit for Increasing Research Activities.

Jordan Fazio November 12, 2023

R&D

Michigan House Approves $100M in R&D Tax Credits

Michigan taxpayers might be able to claim the Research and Development (R&D) tax credit, reducing their income tax. HB 5100

Jordan Fazio October 19, 2023

R&D

Life After Little Sandy

Navigating the Murky Waters of Research Credits: The Impact of the Little Sandy Coal Ruling and IRS Audits In a

Lindsey Modlich September 1, 2023

R&D

IRS Extends R&D Tax Credit Claims Transition Period

What Does the IRS Extending the R&D Tax Credit Claims Transition Period Mean? The IRS extended the transition period for

Rachel Bishop, CPA June 19, 2023

How to Make Your R&D Tax Credit Defensible

Make Your R&D Tax Credit Defensible Claiming the R&D tax credit can potentially help your business offset increased cash flow.

Deb Roth, CPA June 15, 2023

man reviewing 481a adjustment papers with pen

R&D

IRC 481 (a) Adjustment For Changes in Accounting Methods

What is a 481(a) Adjustment? A change in method of accounting requires restatement of the tax accounts on the first day of the year of change as if the taxpayer had always used the new method of accounting. A mismatch between the old and new method of accounting will have

Deb Roth, CPA April 7, 2025

person using laptop for research and development

R&D

The Three Types of Research and Development

Research and Development (R&D) is a vital component of innovation and technological advancement that involves the creation of new knowledge and applications of that knowledge to develop new products, processes, or services. There are three primary types of R&D: 1. Basic Research Seeks to discover new facts or principles, often

Riz Malik October 1, 2024

Cost Segregation

Cost Seg

The Cost Segregation Process

Every firm has a unique methodology for their cost segregation study; however, the fundamental stages are often identical. This is

John Gail July 26, 2020

Benefits of a Cost Segregation Study

What is Cost Segregation? A cost segregation study might be thought of as an interest free loan that front-loads the

John Gail January 26, 2020

Cost Seg

Maximizing Cost Segregation Without Giving Away Deductions: Firepower for Your Next Audit

Real property investors understand that today’s market is challenging, and that it’s important to take advantage of every deduction to which they’re entitled. In modern tax planning, cost segregation has become a well-established and indispensable strategy for property owners. Achieving the maximum deduction is important, but it’s paramount that we

John Gail April 11, 2025

Cost Seg

Cost Segregation for Residential Real Estate  

Tailored Solutions for Residential Real Estate Owners  Several tax incentives could financially benefit owners of residential real estate. Cost segregation studies are a great financial strategy that helps property owners accelerate depreciation and can provide valuable data that supports tax-related initiatives throughout the property’s holding period. Apartment buildings or short-term

Raul Soto August 26, 2024

Energy

45L

Navigating the Energy Star Certification Process for Homes

ENERGY STAR certified homes are not only energy efficient, but they also offer better comfort and play a crucial role in reducing carbon emissions. Achieving this certification can unlock various financing options, like the 45L Tax Deduction, making the tax credit a highly beneficial pursuit for homeowners. However, understanding and successfully

Imran Syed September 29, 2023

179D

R&D & Energy For Real Estate: Tax Accounting Methods

What Does the IRS Extending the R&D Tax Credit Claims Transition Period Mean? Construction and real estate firms often ask us: “How do we qualify for the R&D tax credit?” Our boilerplate answer is to review the 4-part test below to ensure you have a qualification marker that covers the

Deb Roth, CPA November 15, 2021

Sales & Use Tax

Different Types of Sales Tax Nexus for E-Commerce

For online businesses, navigating the ever-shifting sands of sales tax can feel like wandering through a labyrinth. One wrong turn,

Benjamin Kluwgant February 16, 2024

Sales Tax Nexus Explained

For businesses operating across state lines, understanding the concept of sales tax nexus is critical. It’s the determining factor on

Chris Vignone February 16, 2024

person working on r&d amortization paperwork on table

Sales & Use Tax

Source Advisors Tax Update: What to Expect in 2024

State and Local Tax: The Good, The Bad, and The Ugly The year 2024 is poised to usher in a

Chris Vignone January 24, 2024

Sales & Use Tax

A CPA’s Basic Guide to SALT Requirements

State and local taxes affect every business in Illinois in one way or another. To ensure their clients remain tax

Benjamin Kluwgant January 22, 2024

Sales & Use Tax

State and Local Taxes: A Guide for CPAs, CFOs, and Business Owners

Mastering State and Local Tax Planning Tax year planning for state and local taxes is a critical aspect of financial

Chris Vignone January 17, 2024

Sales & Use Tax

Benefits of Combining a Sales and Use Tax Refund Review With an Audit

When a state informs a company of an ensuing sales & use tax audit, there is always uncertainty and stress.

Jonathan Kraft May 10, 2023

Sales & Use Tax

Which States Have the Most Complex Sales Tax Laws?

Which States Have the Most Complex Sales Tax Laws? The sales tax landscape in the United States presents a maze of regulations that can differ dramatically from one state to another. Recognizing which states have the most complex sales tax laws is crucial for both businesses and individuals, as these

Kamal Shah, CPA June 13, 2025

Sales & Use Tax

How New Tariffs Impact Sales & Use Tax for Multi-State Businesses

What CPAs and Taxpayers Need to Know As new tariffs from the Trump administration take effect—particularly on imports like electronics, industrial goods, and apparel—many businesses and advisors are asking a key question: How do tariffs affect sales and use tax obligations for companies operating in multiple states? While tariffs themselves

Kamal Shah, CPA April 16, 2025

LIFO

LIFO vs. FIFO: Choosing the Right Inventory Identification Method

Inventory identification is a crucial aspect of managing a company’s finances. It impacts your cost of goods sold (COGS), profitability, and ultimately, your tax burden. Two prominent inventory identification methods are LIFO (Last-In, First-Out) and FIFO (First-In, First-Out). Each method comes with its own set of advantages and disadvantages, and

Karen Koch, CPA, MT March 4, 2024

LIFO

Can LIFO Still Provide Tax Savings in 2023?

While inflation is not at the high levels seen in the last couple of years, if you haven’t elected LIFO previously, now is the time to look at Last-In-First-Out (LIFO) accounting. If you have inventories of machinery and equipment, glass products or any concrete or cement inventory, there could be

Sara Richardson December 15, 2023