Insights and Resources

R&D Tax Credit Changes: 7 Essential Steps Businesses Must Take Now to Prepare for New Form 6765 Requirement

R&D Tax Credit Changes: 7 Essential Steps Businesses Must Take Now to Prepare for New Form 6765 Requirement

The IRS has rolled out the most significant overhaul to R&D tax credit reporting since 2009, fundamentally changing how businesses must document and report their research activities. With new Form 6765 requirements becoming mandatory for most taxpayers beginning with tax year 2026 (processing year 2027), companies claiming the federal R&D tax credit face a dramatically increased documentation burden—but those who prepare now will navigate these changes successfully.

A Toast to International Coffee Day

A Toast to International Coffee Day

International Coffee Day, celebrated every year on October 1, is a glorious global tribute to one of humanity’s most cherished beverages and the rich traditions that surround it. Officially established in 2015 by the International Coffee Organization, the day not only honors the love of coffee but also raises awareness about the entire coffee journey.