The IRS rolled out the new Form 6765 and instructions for the 2024-25 tax year on February 10, 2025, presenting major structural changes that taxpayers claiming the Section 41 Research & Development (R&D) Tax Credit should understand and plan for. These modifications impose major extra reporting requirements even though they seek to improve openness and standardization in the reporting of Qualified Research Expenses (QREs) and Business Components. https://www.thinkastute.com/blog/big-changes-to-irs-rd-tax-credit-what-the-new-form-6765-means-for-2024-25/
R&D Tax Credit Services: What Every CFO Needs to Know
Let’s get this straight. Most companies miss out on money the government wants to give them. Yeah, really. The R&D tax credit isn’t some obscure loophole for tech giants—it’s a real, legitimate reward for doing something you’re probably already doing: innovating. Creating. Problem-solving. Here’s the kicker: most CFOs and controllers don’t realize their teams are eligible. They think, “we’re not a lab,” or “we don’t build robots.” Doesn’t matter. R&D tax credit services are built for far more than scientists in goggles. They’re for software updates, process improvements, prototypes, even small tweaks in manufacturing or design. If you’re a CFO or controller and you’re not looking into this, you’re leaving serious money on the table. Not theoretical money—actual cash back or tax savings that go straight to your bottom line.
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