Blog

HOW R&D TAX CREDITS PROVIDE TANGIBLE VALUE

HOW R&D TAX CREDITS PROVIDE TANGIBLE VALUE

The R&D tax credit can help companies generate much needed cash flow by offsetting taxes owedor paid.In many cases, the cash generated is used by companies to grow and remain competitive byfunding additional research activities perhapsleading to expanded manufacturing lines or

read more
NAVIGATING THE R&D TAX CREDIT: INTERNAL USE SOFTWARE

NAVIGATING THE R&D TAX CREDIT: INTERNAL USE SOFTWARE

Internal Use Software (IUS) includes software applications, operating systems and related resources used torun a business and serve customers. Many small, midsized and even larger U.S. companies currently do nottake advantage of Federal & State tax credits available for IUS research and development (R&D)

read more
THE PANDEMIC’S IMPACT ON THE IRS

THE PANDEMIC’S IMPACT ON THE IRS

We are currently in unprecedented times, with regular routines and business and social norms being disrupted in attempts to minimize the impact of COVID-19. The disruption is not only limited to individuals or even businesses but also is affecting governmental agencies, as seen most clearly by the impact on the IRS.

read more
4 STEPS TO QUALIFY FOR R&D TAX CREDITS

4 STEPS TO QUALIFY FOR R&D TAX CREDITS

Many people think that R&D tax credits only apply to companies that require lab coats to be worn at the office. But the definition has evolved greatly over the years to include not only companies that manufacture and develop software,but companies in various

read more