Startups and R&D Tax Credits: The Perfect Pair

Brayn Consulting

By Tanya Donnelly, R&D Tax Manager You’ve done it! You have taken the leap and started your own company. Maybe it’s a new software program with an innovative AI model, or a new vertically-focused SaaS tool. In the early days, you are busy recruiting engineering talent, pitching potential customers, and trying to raise a Seed…

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Hold that Panic Button: Despite IRS focus shifting to different issues, R&D Tax Credits still strong for A&E Service Firms

Brayn Consulting

By Justin DiLauro, Partner, BRAYN Consulting LLC Since the elimination of the “discovery test” in the early 2000s, Architecture and Engineering (A&E) design service firms have been and continue to be excellent candidates for R&D Tax Credits.  It took almost a decade for the application of R&D Tax Credits to A&E firms to be tested…

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Maximizing R&D Tax Credits with Controlled Group Analytics

Brayn Consulting, LLC

By Julia Sosa and Justin DiLauro Companies claiming an R&D tax credit receive a dollar-for-dollar reduction in their tax liability based on the qualified research activities undertaken and the associated qualified research expenses (QREs) related to those activities. However, many owners, officers, and CPAs of companies across all industries often find themselves being talked out…

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Pat Chase Joins BRAYN to Head Up Enterprise Solutions Service Line

Brayn Consulting

Pat Chase has joined BRAYN Consulting in January 2021 as Enterprise Solutions Manager.  Pat was Controller for a 250-person Civil Engineering firm in Oregon for the past three years.  By improving business practices, Pat incorporated improved Project Management processes such as Project Backlog reporting for insight into the future and improved billing cycles by decreasing…

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Energy Efficiency Tax Incentives Extenders Update

Brayn Consulting

Congress just made some significant changes to two of our favorite energy-efficient incentives as part of the recent omnibus bill passed at the end of 2020. The New Energy Efficient Home Credit (45L) has been extended in its current form through the end of 2021. The Energy Efficient Commercial Buildings Deduction (179D) is now a permanent tax incentive!

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Mark Stapleton Joins BRAYN Consulting as the Director of R&D Operations

Brayn Consulting

BRAYN Consulting LLC is excited to announce the addition of top R&D Tax Credit Consulting talent, Mark Stapleton. Continuing a thirteen-year career in specialty tax credits and incentives with a specialty in R&D, Mark is joining BRAYN as the Director of R&D Operations and will oversee the day-to-day management and subject matter expertise of BRAYN’s thriving R&D Tax Credit practice.

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CARES Act Revises NOL Rules and Opens Door For Unclaimed R&D Tax Credits

Brayn Consulting

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provides companies and individuals with a host of tax saving opportunities. We previously discussed the benefits that the qualified improvement property (QIP) fix provides for any taxpayers who have incurred renovation costs since 2018. This article focuses on the impacts to net operating loss (NOL)…

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