RISE2040: The Strategic Blueprint for Internalizing R&D Tax Services
The landscape of the accounting profession is undergoing a fundamental transformation. According to the RISE2040 initiative, the industry is hurtling towards a future where traditional compliance work becomes “invisible.” In this new paradigm, routine tax reporting and reconciliations are no longer the primary human workload; instead, they function as background infrastructure, automated by AI and…
Don’t Leave Credits on the Table: Non-Compliant Taxpayers, Economic Assessment, and the Cost of Refusal
Part 2 of 2: Non-Compliant Taxpayers, Economic Assessment, and the Cost of Refusal By Les Bryson, The LAB Business Solutions (thelab.tax) | Blake Peters, EA, Peters Specialty Tax Services (petersspecialtytax.com) Part 1 of this series established the §174/§41 statutory linkage and laid out the clean paths available to compliant taxpayers (Situations 1 and 2). Read here.…
Don’t Leave Credits on the Table: Why Practitioners Are Wrong to Refuse R&D Credit Work for 2022–2024
1 of 2: The Legal Framework for Compliant Taxpayers By Les Bryson, The LAB Business Solutions (thelab.tax) | Blake Peters, EA, Peters Specialty Tax Services (petersspecialtytax.com) Introduction In working with our clients over the past year, we have heard a troubling pattern emerging in the R&D tax credit community. Some practitioners are refusing to pursue…