Immediate R&D expensing for small businesses is finally here.
Let’s make sure you get what’s yours. 💥
If your business has ever spent money developing software, testing products, or doing anything remotely close to research and development here in the U.S., this is for you.
The IRS used to make you stretch those R&D expenses out over five years. You’d spend the money now… but wait years to get the tax break. Now they’ve issued official guidance (Revenue Procedure 2025-28) allowing businesses to immediately deduct those R&D costs under Section 174A.
Under OBBBA Section 174A, small businesses (with under $31 million in average revenue) can write off all of those R&D costs right away—including retroactively.
👉 If you paid tax in 2022 or 2023, you might be eligible for a refund from these new R&D tax write-offs.
👉 If you're spending on R&D this year, you could save big on your 2024 taxes.
And real talk… if you’re not doing R&D in some form—especially with AI evolving like crazy—you’re leaving opportunity (and cash) on the table.
We’re seeing five- and six-figure refunds for clients who didn’t even realize they qualified.
✅ Talk to your CPA and ask them to review your 2022 and 2023 returns.
(If they look confused, you might need a new one. 🙂)
✅ Pull together any expenses tied to product development, software, engineering, etc.
✅ Ask about filing an amended return to claim what you're owed.
⚠️ Heads up: Refund windows have deadlines. Once they close, that money’s gone.
If you want help sorting this out—or need someone to speak your CPA’s language for you—just schedule a free tax strategy session.
This is the tax code now. If you qualify, you’ve earned it. Let’s go get it.
