HIVE TAX AI
Lotus Li
Lotus Li is a CPA who has transformed 20 years of professional experience into building products with a mission to simplifying everyone’s tax journey. She is passionate about bringing cutting-edge AI into the world of tax and finance and is deeply immersed in designing, building, and launching innovative AI-powered tax solutions.
Research and development credit optimization
Regular credit: 20% of current-year QREs over the base amount. Optimizes when your fixed‑base percentage is low and current QREs are high relative to gross receipts.
Energy credit calculations and phase-out schedules
The credit equals your base 45Y amount times the “phase‑out percentage” if construction begins in a phase‑out year. IRS final rules confirm the computation and that 45Y’s “applicable year” determination also governs 48E phase‑out. 1
Agricultural tax provisions and depreciation
Depreciation is allowed for property used in farming or held for the production of income under IRC §167; most post-1986 tangible farm property uses MACRS under §168 with prescribed methods, recovery periods, and conventions.
Real estate professional tax status qualification
To be treated as a real estate professional for passive activity loss rules, you must satisfy both annual tests below with respect to real property trades or businesses in which you materially participate:
Nonprofit organization tax compliance and Form 990 requirements
Most organizations exempt under IRC §501(a) must file an annual information return under §6033 on a Form 990-series return, reporting income, receipts, disbursements, and other required information.
Hive Tax AI Planning Major Update: Full Support for All Business Types and Documents
We’re excited to announce a major update to the Hive AI Tax Planning Platform that takes tax planning to a whole new level. Our platform now supports all business types and any documents, making it one of the most versatile and powerful tax planning solutions...
Accelerate Deductible Expenses: Your Q4 Tax-Planning Power Play with Hive Tax
As Q4 approaches, CPAs and business owners can unlock immediate tax savings by accelerating deductible expenses before year-end
Employment tax compliance for gig economy workers
Classify each worker under the common-law control test. If you have the right to direct what will be done and how, the worker is an employee (this applies even to remote workers).
Qualified business income deduction optimization
Maximize QBI, but remember the deduction is the lesser of 20% of QBI (plus 20% of qualified REIT/PTP income) or 20% of taxable income reduced by net capital gain. Managing taxable income and net capital gain often binds the deduction before business limits do. 1
BEAT, GILTI, and FDII calculations under new rules
Below is a practical framework to compute each regime, highlight interactions, and reflect changes made by the One Big Beautiful Bill Act (OBBBA). Where OBBBA adjusted parameters effective for tax years beginning after 12/31/2025, I note those new amounts.