Tax Incentives Blog

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

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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R&D Tax Credits: Qualifying Software Development Contractor Expenses

Written by Darren Labrie. Updated Jul 28, 2016.

It is common for corporations to hire third-party software developers when conducting research and development activities, and the associated expenses are often overlooked since the consultants are not employees of the corporation.

When contractors perform research for your software development, you may incur both expenditures that would constitute qualified expenses and those that would not. For example, wages paid to a contractor would qualify, but travel expenses or paying rent would not. 

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Do Third-Party Software Developers Qualify For The R&D Tax Credit?

Written by Darren Labrie. Updated Jul 21, 2016.

As companies look to claim R&D tax credits for their software development activities, one often overlooked expense is payments made to consultants or contractors performing research activities for the company.

This qualifying expenditure for contract research expenses is defined under IRC §41(b)(3)(A) as 65% of “any amount paid or incurred by the taxpayer to any person (other than an employee of the taxpayer).”

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