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So far Cole Marr has created 9 blog entries.
11 12, 2019

Illinois Extends R&D Tax Credit and Creates New Apprenticeship Credit

By |2020-08-17T02:22:39+00:00December 11th, 2019|

In August, Illinois Governor J.B. Pritzker signed SB 1591 extending the Illinois R&D tax credit for an additional 5 years, through 2026. The current R&D tax credit was due to expire at the end of 2021. Since the credit [...]

11 10, 2019

How To Get Indiana To Pay Your Payroll Tax For You!

By |2019-10-11T13:59:13+00:00October 11th, 2019|

Indiana’s Economic Development Corporation has a mission to help companies invest and grow within the state. There is a long list of valuable incentives offered by the IEDC. Among the most powerful and broadly beneficial of these incentives is [...]

25 06, 2019

State and Local Incentives

By |2019-07-09T15:35:13+00:00June 25th, 2019|

Beyond the R&D tax credit, state and local incentive programs are meant to incentivize business activity and growth in a specific state, county, city, or municipality.  These incentives typically take the form of one of the following: Traditional Tax [...]

22 04, 2019

Time to Plan Ahead for 2019

By |2019-04-22T19:01:28+00:00April 22nd, 2019|

While 2018 is squarely in the rear-view mirror, many companies are still working on tax filings for that long past time period.  The unfortunate reality is that this is the right time to start planning for 2019. You can make [...]

9 04, 2019

New Tax Law May Incentivize Moving R&D Outside U.S.

By |2019-04-09T19:45:44+00:00April 9th, 2019|

In an extended game of unintended consequences, some U.S. corporations are facing uncertainty that may result in moving R&D operations outside the U.S.  The 2017 tax law changes didn’t account for existing rules that require certain U.S. business expenses [...]

14 03, 2019

You Don’t Have To Be Amazon To Benefit From The R&D Tax Credit

By |2019-03-14T13:56:26+00:00March 14th, 2019|

Tax filing time has arrived and so have the typical string of articles describing how the mega-corp. du jour is paying $0 in taxes despite billions in revenue.  The truth behind why a company, in this case Amazon, has [...]

13 02, 2019

Startup R&D Tax Credit Spotlighted For Lack Of Compliance Procedures

By |2019-02-28T14:24:45+00:00February 13th, 2019|

According to a December 19, 2018 Treasury Inspector General for Tax Administration (TIGTA) report, the IRS does not currently have processes in place to identify small businesses that do not meet the eligibility requirements and dollar limitations for claiming [...]