Darren Labrie

Darren Labrie
Darren brings more than 20 years of experience in tax credits and business incentives. In his current role, he focuses on the overall operations of the practice and ensuring the highest level of service to clients.
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Recent Posts

Report the Employee Retention Credit Under the CARES ACT on your 2nd Quarter 2020 Return

Written by Darren Labrie. Updated Apr 8, 2020.

The IRS has issued FAQs to provide guidance for taxpayers reporting the employee retention credit for certain employers subject to closure due to the COVID-19 crisis.  It provides that the credit with respect to wages paid in March should be reported on the 2nd quarter 2020 employment tax return.

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Tax Incentives Play a Key Role in Assisting Businesses in the Coronavirus Stimulus Packages

Written by Darren Labrie. Updated Mar 31, 2020.

Nothing in recent history will affect the U.S. economy to the same magnitude as the global Coronavirus (COVID-19) pandemic crisis.  The effect will reach government agencies, nonprofit organization, businesses and individuals throughout the country.

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Top 3 Tax Incentives for Building ‘Green’

Written by Darren Labrie. Updated May 17, 2019.

The 21st-century conservationists have firmly planted the phrase ‘going green’ into the American lexicon. It ubiquitously serves as a catch-all term for the act of swapping old processes, services, laws, materials, and products for those that carry some environmentally-friendly and energy-efficient element. Green building construction is just one of the many environment-saving efforts happening today.

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Four Ways to Ensure the IRS Accepts Your Cost Segregation Study

Written by Darren Labrie. Updated Apr 30, 2019.

Book Reports. Back in school, many of us agonized over the time-consuming, rule-laden amalgamation of facts and theories. Sometimes you were permitted to pick the topic, sometimes the teacher did. But the teacher always laid down the requirements: double-spaced; 800 to 1,000 words; typed (or printed if you go back that far); include a cover page with your name, date, etc.

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Five Ways to Recover Software Development Expenses with R&D Tax Credits

Written by Darren Labrie. Updated Apr 24, 2019.

Have you ever known a fervent coupon clipper or a devout sale-shopper? They snatch up copious amounts of merchandise in single outings, free of personal spending-limit guilt. They know once the sales are tallied and the discounts deducted, they’ve comparatively ‘saved’ cart loads of cash with their deal-seeking dedication. They can frequently be heard proclaiming that anyone can buy and save big, you just need to know how to find the deals.

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How An Outsourced Tax Consultant Boosts Your CPA Firm’s Value

Written by Darren Labrie. Updated Apr 23, 2019.

I have a great mechanic. “Eddie” is well-rounded, his knowledge spanning all that is automotive. Yet, I wouldn’t say he’s expert in any one area. When you need the basics, he’s the guy. This became a bit of an issue, though, when my car came down with a confounding transmission problem.

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Why Should a Professional Handle Your Cost Segregation Study?

Written by Darren Labrie. Updated Apr 12, 2019.

I’m a little bit of a do-it-yourselfer (DIYer). As with many other “I got this” zealots, I’m always game for saving a few bucks and invigorating the ego with bragging rights for completing a task or home-improvement venture that most others would call upon a professional to tackle.

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Beyond the Beaker – Capturing R&D Tax Credits for Internal-Use Software

Written by Darren Labrie. Updated Apr 8, 2019.
Research and development (R&D). Often this phrase conjures images of mysterious laboratories ‘at the far end of the hall’ bubbling with beakers, test tubes, and crisp lab coats stuffed with pensive scientists hunching over microscopes and test results.
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You Complete Me: CPA Firms Partner with Tax Consultants to Attract Business

Written by Darren Labrie. Updated Jan 9, 2019.

There is no shortage of famous movie quotes in the lexicon of pop culture, and the phrase “You complete me” uttered by Tom Cruise in the film Jerry Maguire certainly belongs somewhere at the top of the list. While expressed with complete sincerity in the film to his love interest, the phrase has enjoyed longevity having been oft quoted, sometimes as a comedic device, such as in the film Austin Powers and the TV show The Office, and in the deranged rantings of the villainous Joker in the Batman film The Dark Knight.

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Satisfying Additional Requirements For Internal-Use Software R&D Claims

Written by Darren Labrie. Updated Aug 11, 2016.

Many companies don’t just develop software products for sale to clients or customers. Software development companies also create internal-use software to be used primarily for operating their business.

The following are additional requirements that need to be satisfied to treat your internal-use software development activities as eligible research and experimentation expenditures for the R&D tax credit.

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