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IRS Updates Accounting Method Change Procedures for R&E Expenditures

Matt McKinney September 16, 2026

IRS Updates Accounting Method Change Procedures for R&E Expenditures Revenue Procedure 2026-32 provides updated procedures for accounting method changes under Sections 174 and 174A following the One, Big, Beautiful Bill Act. The Internal Revenue Service (IRS) released Revenue Procedure 2026-32, providing updated procedures for taxpayers seeking automatic consent to change their methods of accounting for research or experimental (R&E) expenditures under Sections 174 and 174A. The guidance primarily modifies previous procedures to incorporate changes necessitated by the One, Big, Beautiful

IRS Updates Accounting Method Change Procedures for R&E Expenditures

September 16, 2026 No Comments

4 States Offering Limited Windows for Tax Amnesty

4 States Offering Limited Windows for Tax Amnesty Four states are currently offering programs that can eliminate or reduce sales and use tax penalties and interest are presently open. Indiana closes first, on September 9, 2026, while Illinois, New York, and Washington run later into 2026 under narrower terms. The

September 3, 2026 No Comments

Sales and Use

4 States Offering Limited Windows for Tax Amnesty

4 States Offering Limited Windows for Tax Amnesty Four states are currently offering programs that can eliminate or reduce sales

Joe Jacoby September 3, 2026

Sales and Use

Exemption Certificates Under Scrutiny: Five Documentation Failures That Create Sales Tax Exposure

Exemption Certificates Under Scrutiny: Five Documentation Failures That Create Sales Tax Exposure Exemption certificates are often treated as routine paperwork:

Deborah Dingess, Kamal Shah, CPA August 6, 2026

SaaS

State Tax Amnesty and Penalty Relief Programs: Indiana, Illinois, and Washington

State Tax Amnesty and Penalty Relief Programs: Indiana, Illinois, and Washington Several states are offering limited-time tax amnesty and penalty

Kenneth Harris July 31, 2026

R&D

Reminder: Minnesota Increased its R&D Tax Credit Rate

Reminder: Minnesota Increased its R&D Tax Credit Rate For tax year 2017 and forward, companies spending significant research dollars in Minnesota can now claim larger tax credits. For each incremental dollar of R&D expenses over $2 million, the credit was increased from 2.5 percent to 4 percent. However, for a

Source Advisors January 25, 2019

Tax Cuts and Jobs Act Impacts R&D Tax Credit

Tax Cuts and Jobs Act Impacts R&D Tax Credit Given the recent passage of the Tax Cuts and Jobs Act, we want to keep you up to date on the Act’s impact to the Research and Development (R&D) Tax Credit. While the credit did not technically change, several areas of

Source Advisors February 18, 2018