IRS Sets 2026 Business Mileage Rate at 72.5 Cents
If your business reimburses mileage or deducts vehicle expenses, the IRS just made a change you’ll want to account for before year-end planning.
2 min read
Mandee Page
:
July 1, 2025
In the ever-evolving landscape of research and development (R&D), staying ahead of the curve is crucial for businesses looking to innovate and grow. One of the most valuable tools available to companies is the R&D tax credit, which provides significant financial incentives for qualifying research activities. However, many businesses struggle to identify and document these activities effectively.
Technical personnel are often at the forefront of a company's R&D efforts. They are the ones conducting experiments, developing new products, designing process improvements and pushing the boundaries of innovation. However, they may not always be aware of the criteria that qualify their activities for the R&D tax credit. By educating technical staff on these criteria, we empower them to recognize and document qualifying activities, ensuring that the company maximizes its tax credit benefits while staying compliant with reporting requirements.
Our educational sessions offer numerous benefits to both the company and its technical personnel:

Our team takes a comprehensive approach to educating technical personnel. Here's how we do it:
Educating technical personnel on the R&D tax credit is a vital step in maximizing the benefits of this valuable incentive. Our team is dedicated to providing comprehensive and engaging educational sessions that empower technical staff to recognize and document qualifying activities. By doing so, we help companies maximize their R&D tax credits, foster innovation, and drive growth.
If you're interested in learning more about our educational sessions and how they can benefit your company, we’d love to connect. We're here to help you uncover hidden opportunities and achieve your R&D goals.
If your business reimburses mileage or deducts vehicle expenses, the IRS just made a change you’ll want to account for before year-end planning.
GASB Statement 102 introduces new financial reporting requirements designed to increase transparency and strengthen how governments communicate risk....
Recent legislation, part of the One Big Beautiful Bill Act (OBBBA), introduced several tax changes that will directly affect how construction and...