While most spring cleaning projects are likely focused on your home, you could take this time to evaluate and clean up your personal finances as well.
A simple four-part test helps to determine qualified R&D activity. R&D tax credit eligibility largely depends on whether the work you are conducting meets the criteria established by the IRS.
Manufacturers have the opportunity to take advantage of valuable federal and state tax credits for their research and development activities.
A collateral field exam can help a lender make informed lending decisions. Skoda Minotti describes what this important tool covers.
If you own or operate a business that pays the Ohio Commercial Activity Tax (CAT) and are spending money on qualified research, you may be eligible for a tax credit for increased research and development (R&D) against the CAT.
Of the many high-profile data breaches that have occurred recently, one of the latest happened in January at the University of Central Florida when a hacker gained access to more than 60,000 Social Security numbers of current and former students and administrators.
Congress recently made the R&D tax credit permanent after more than three decades of year-to-year uncertainty. That’s great news by itself. But there’s more: namely, a new $250,000 payroll offset provision which will finally allow start-ups and early-stage companies to reap the benefits of this prized business credit.
Get caught up on what’s happening in the valuation and litigation advisory profession. We provide links to relevant and interesting news articles that focus on areas that impact our clients; including prepping your business for sale, tips for improving your startup valuation and credit surprises that divorcing couples run into.
Having a firm grasp on tax savings tactics will help ensure that you hit those performance numbers you need to further grow your operation. Here are five of the very best tax-saving practices.