American Innovation and Jobs Act Aims to Repeal Section 174 Amortization Requirements and Expand R&D Tax Credit


On March 17, 2023, Senators Maggie Hassan (D-NH) and Todd Young (R-IN) reintroduced the American Innovation and Jobs Act (“The Act”) to reverse the 2017 tax law that requires the amortization of specified research and experimental expenditures (Section 174). This change ensures that companies can return to fully deducting R&D investments annually. Additionally, the proposed … Read More

KBKG’s 5 Phases of Architecture for Claiming 179D


In 2008, the 179D Energy Efficient Commercial Building Program was modified as a powerful stimulus to the Architecture and Design Community. Since then, Architects and other designers have been inspired to reduce their carbon footprint by designing more energy-efficient commercial buildings. As a result of this initiative, the program permanently became part of the U.S. … Read More

AICPA Pens Letter Urging Congress to Defer R&D Expense Capitalization (Sec 174) Provision Until 2026


On February 14, 2023, the American Institute of Certified Public Accountants (AICPA) sent a letter urging Congress to address expired and expiring tax provisions to avoid needless complexity and ambiguity. More specifically, the AICPA called on Congress to defer the Internal Revenue Code Section 174 amortization requirement for research and experimental expenditures until 2026. The … Read More

KBKG Appoints Bradley Sander as New Chief Marketing & Sales Officer


PASADENA, Calif. – KBKG, a tax credits and incentives consulting firm, welcomes Bradley Sander as the company’s new Chief Marketing & Sales Officer. Sander comes to KBKG with an extensive background in the wireless, telecommunications, and media industries. Sander joins KBKG following stints in various C-Level executive roles for some of the world’s largest and … Read More

KBKG Panels Real Estate Roundtable at State of the Industry


In front of some of the industry’s leading experts, KBKG was well-represented at this year’s Real Estate Roundtable (RER) State of the Industry event in Washington, DC. KBKG Principal, CJ Aberin, was invited by RER to panel a discussion on the energy tax incentives from the Inflation Reduction Act for the Tax and Sustainability Advisory … Read More

KBKG Receives Accreditation as AIA Continuing Education Provider for Architects


PASADENA, Calif. – KBKG, a tax credits and incentives consulting firm, has announced its certification as an American Institute of Architects (AIA) Continuing Education Provider. KBKG’s classes will be instructed by its Director, Jesse Stanley, P.E., who will lead the courses for providers looking to maximize tax savings on energy-efficient building designs. Stanley is the … Read More

KBKG Promotes Amar Patel to Principal of Cost Segregation


PASADENA, Calif. – KBKG, a tax credits and incentives consulting firm, has announced the promotion of Amar Patel to Principal of Cost Segregation. Patel is based out of the firm’s Southeast office and most recently spent the past two years as the Director of Cost Segregation. “Amar and I have known each other our entire … Read More

KBKG Tax Insight: Tax Court Denies Construction Company R&D Credits


A summary judgment was recently granted when the government successfully argued that a construction company did not conduct qualified research activities during the tax year in question and was therefore not entitled to the $576,756 refund they were paid. In this case, the defendant was a shareholder of a civil construction company and the contested … Read More