R&D Tax Credit Insights & Analysis

Expert guidance on federal and state R&D tax credits from Strike Tax Advisory's team of CPAs, attorneys, and engineers.

Strike Tax Advisory publishes in-depth analysis on R&D tax credit law, IRS compliance, Section 174 developments, and OBBBA updates. Our journal is written by tax credit specialists who have delivered over $300M+ in credits for American businesses. All content references official IRS, Congressional, and legal sources only.

Claim 2021 R&D Tax Credits Before the Deadline

December 11, 2024

Jonathan Cardella

Time is running out to claim your 2021 R&D tax credits before the 2025 deadline! These credits can reduce tax liabilities, improve cash flow, and support innovation, but after the deadline, the opportunity will be gone. The good news? Section 174 amortization rules don’t apply to 2021 claims, allowing businesses to fully deduct R&D expenses. Eligible activities include software development, prototyping, testing, and more. Act now to secure these valuable tax savings and ensure your business stays competitive!

Game-Changing Tax Reform Ahead? What Every American Business Owner Should Know About R&D Tax Changes

November 14, 2024

Jonathan Cardella

Recent Republican political victories create potential for changes to Section 174 R&D tax treatment. Currently, businesses must capitalize/amortize costs over 5/15 years. Reform could reintroduce immediate expensing, improving cash flow and competitiveness. However, any changes depend on the legislative process and broader economic priorities. Businesses should monitor developments, consult experts, review R&D strategies, and maintain documentation to prepare.

Startup R&D Tax Credit: How Pre-Profit Companies Offset Payroll Taxes in 2026

May 14, 2024

Jonathan Cardella

Is the R&D Tax Credit About to Be Fixed by Congress?

January 19, 2024

Jonathan Cardella

TCJA’s Impact on the R&D Tax Credit & Section 280C

November 10, 2023

Jonathan Cardella

The Employee Retention Credit: Urgent Changes and What They Mean for Your Business

September 14, 2023

Jonathan Cardella

On September 14, 2023 the IRS issued a moratorium on new claims for the ERC, immediately halting all processing of new claims at least through the end of the year. The drastic stance taken is aimed at preventing fraudulent claims and protecting honest businesses like yours from falling prey to scams.

Can the R&D Tax Credit Offset the Section 174 Changes?

September 9, 2023

Jonathan Cardella

Jonathan Cardella, CEO of Strike Tax Advisory, joins Michell Hansen, host of the Software Social podcast and Co-Founder of Geocodio, to talk R&D tax credits and answer the commonly asked question: can the R&D tax credit offset the Section 174 changes? Listen in as Jonathan explains the R&D tax credit, breaks down the new Section 174 changes, and ties them both together. While Strike acts as a specialty tax credit advisory firm, we strongly encourage all business owners to work through their tax situation with their tax professional.

Net Operating Losses (NOLs) & the R&D Tax Credit

August 9, 2023

Jonathan Cardella

TCJA and the Resulting Tax Implications for R&D Companies

January 17, 2023

Jonathan Cardella

A Brief Explanation for Section 280C Election

November 7, 2022

Jonathan Cardella

The Section 280C(c) election lets R&D tax credit filers reduce their credit by 21 percent and avoid increasing taxable income by the gross credit amount. This guide explains the mechanics, the Schedule M-1 and M-3 implications, when the election is worth making, and how OBBBA opened a one-time retroactive window for small businesses under Rev. Proc. 2025-28.

Proposed Bipartisan Legislation To Fix R&D Expense Treatment and Child Tax Credit

October 19, 2022

Jonathan Cardella

The R&D Tax Credit for Industrial Hemp

October 18, 2022

Have Questions About R&D Tax Credits?

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