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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

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

Deb Roth, CPA January 21, 2021

R&D

Wondering How to Offset Payroll Tax with R&D Tax Credits?

Qualified Small Business R&D Payroll Tax Credits Source Advisors often receives questions related to the R&D Tax Credit and how it can

Rachel Bishop, CPA January 21, 2021

R&D

Innovation Starts with One Small Step

Fifty years ago, the world was riveted to their television sets to see history in the making when the Apollo

Deb Roth, CPA January 21, 2021

R&D

Is Your A&E Firm Benefiting From R&D Tax Credits?

R&D Tax Credits for Engineering Firms Thousands of architectural and engineering (A&E) firms in the U.S. can benefit from research

Rachel Bishop, CPA January 21, 2021

R&D

Raise a Glass for R&D Tax Credits in the Craft Brewing Industry

Who knew the craft brewing industry would qualify for the research tax credit. Ask a Master Brewer about their unique

Source Advisors January 21, 2021

R&D

R&D Payroll Tax Credit

The Research and Development payroll tax credit, also known as the R&D payroll tax credit is a tax incentive designed for qualified businesses to offset their payroll tax. It is designed for new companies that perform research and technology development activities to be able to apply up to $250,000 of

Deb Roth, CPA April 1, 2024

45L

How Does a Tax Credit Work? Federal Tax Credits Explained

What are Federal Tax Credits? Tax season can be a daunting time, filled with forms, calculations, and the question: am I getting the most out of my tax return? One often overlooked benefit that can significantly impact your tax liability is tax credits. But how exactly do they work? Think

Matt McKinney March 11, 2024

Cost Segregation

Cost Seg

The Life Cycle of Real Estate

It’s not a “one size fits all” approach. We make it a point of understanding our clients’ needs – not just in the current year but throughout the ownership period. Properties go through life cycles – whether it’s based on use, age or market conditions. Also, different groups within a

Greg Bryant May 11, 2023

Cost Seg

What to Look for When Evaluating a Cost Segregation Provider

Choosing the right cost segregation provider is a vital part of optimizing tax savings for your business. The provider you choose should be reliable, experienced, and capable of providing high-quality cost segregation services that fit your business needs. Below is a list of essential factors to consider when evaluating a

Raul Soto November 11, 2021

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

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

Chris Vignone December 1, 2020

Sales & Use Tax

Understanding Marketplace Facilitator Laws in a Post Wayfair Ruling World

Post Wayfair Ruling Landscape Are you scratching your head over the new marketplace facilitator laws? If so, we don’t blame

Jaclyn Harris November 19, 2020

Sales & Use Tax

Top 3 Sales Tax Challenges for Real Estate Companies

The 3 Challenges When you think about real estate tax issues, in general, sales tax concerns do not rise to

Kamal Shah, CPA June 14, 2018

business women going through a stack of papers

Sales & Use Tax

You Received a Sales & Use Tax Audit Notice. What Do You Do Now?

Sales & use tax audit notices are never a great letter to receive in the mail. But, by following the steps outlined in this article, they may not be as bad as they seem. Whether you are running a service or product-based business, it does not take much for sales

Benjamin Kluwgant April 5, 2024

Sales & Use Tax

Refund of Tax Paid on Software Purchases

Refund of Tax Paid on Software Purchases by Companies Located Illinois, Massachusetts, New York, Pennsylvania, Washington or Utah The multiple points of use (“MPU”) exemption is a provision in sales and use tax laws designed to address situations where software is purchased for use in multiple jurisdictions. The MPU exemption

Kamal Shah, CPA March 13, 2024