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Leo CC · Client Portal
You · 10:14 PM

What's my Q3 estimated tax payment deadline this year?

L
LeoAI Response

Your Q3 estimated payment is due September 15.

Based on your uploaded P&L, I've prepared a draft summary for Sarah to review before it's sent to you.

Message Leo or upload a document...
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Client Portal — Secure Communication
You — 10:14 PM

Can you summarize the impact of the new IRS Section 174 regulations on our R&D tax credits for the 2024 filing year?

L
LeoAI-Generated Response

Based on the firm's internal tax policy and the latest IRS publications, the 2024 regulations require amortization over 5 years (15 years for foreign R&D).

For your specific entity, this shift from immediate expensing to capitalization will likely affect your estimated quarterly payments. I've prepared a draft analysis based on your Q3 P&L statements for your advisor, Sarah, to review.

Type a message or upload a document...
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