A recent decision by the U.S. Court of Federal Claims in Kwong v. United States, 179 Fed. Cl. 382 (2025),...
Finance and Business Strategy Blog
Welcome to the Omega Accounting finance and business strategy blog, your go-to source for news, tips and insights on accounting, finance, and business strategy. Our blog helps financial professionals, accountants, executives and anyone looking to stay up-to-date with financial tax planning, accounting regulations and business news. Read the Omega Accounting blog to stay on top of your game.
Tax Alert – Section 174, No More!
Great news for businesses participating in Research and Development (R&D) activities! The “One Big...
Optimizing Job Costing for Custom Manufacturing
Accounting Solutions Tailored for the Manufacturing Industry In the highly specialized field of custom...
Navigating New IRS Changes: Key Updates & Requirements for the R&D Tax Credit
Part I: Changes to IRS Form 6765 On June 21, 2024, the IRS released a new draft version of Form 6765,...
Capturing R&D Tax Credits for Software Development
In today’s rapidly evolving digital world, businesses are continually automating processes and enhancing...
Accounting Solutions Designed for the Construction Industry
In the ever-evolving world of construction, managing finances can quickly become a complex task....
How Omega Handles Financial Management For Schools
Managing the finances of an educational institution is a complex and multifaceted task that requires...
How The R&D Tax Credit Applies To The Wine Industry
In our talks with wineries across the country, we find that much of what goes into the daily operations of...
Accounting Practices That Help Manufacturers Achieve Reliable Profitability
In the fast-paced world of manufacturing, precision and profitability go hand in hand. For businesses...








