by David Finley | May 1, 2020 | blog
How mortgage banking qualifies for the r&d tax credit David Finley | Business Development Director, Northern Region May 1, 2020. 4 min read The mortgage banking industry has quietly become more and more dependent on software development over the last decade. Due...
by Riz Malik | May 2, 2020 | blog, BLOG_R&D
IS THERE A LIMIT TO THE AMOUNT OF THE RESEARCH CREDIT THAT CAN BE CLAIMED? Riz Malik | Source Advisors 2 May, 2020. 6 min read There is no set maximum amount that you can claim. If the federal R&D credit can’t be used immediately or completely, then any unused...
by Deborah Roth | May 3, 2020 | blog, BLOG_R&D
WHAT HAPPENS TO UNUSED R&D CREDITS? Deborah Roth | Source Advisors 3 May, 2020. 9 min read Unused R&D tax credits may still be available to eligible businesses if they file amended tax returns for the years in which they failed to claim the credit. Businesses...
by Riz Malik | May 4, 2020 | blog, BLOG_R&D
WHAT RESEARCH ACTIVITIES DO NOT QUALIFY FOR THE R&D CREDIT? Riz Malik | Source Advisors 4 May, 2020. 8 min read The IRS has established a four-part test that taxpayers must apply to each of their business activities (components). The four tests are described in...
by Riz Malik | May 5, 2020 | blog, BLOG_R&D
DOES THE RESEARCH CREDIT PROVIDE A DOLLAR FOR DOLLAR CASH SAVINGS OF FEDERAL INCOME TAX? Riz Malik | Source Advisors 5 May, 2020. 7 min read Companies can create a dollar-for-dollar reduction in their federal and state income tax liability. Other benefits of the...
by Sara Richardson | Oct 19, 2021 | LIFO, blog
HOW 2022 EQUALS LIFO OPPORTUNITIES Sara Richardson | Source Advisors 19 Oct, 2021. 4 min read With inflation on the rise, now is the time to look at Last-In-First-Out (LIFO) accounting if you have inventories of building supplies, lumber or hardware. Whether you are...
