24 06, 2021

How to Improve R&D Tax Credit Documentation

By |2021-06-24T14:42:33-04:00June 24th, 2021|

There are several reasons behind why companies leave money on the table when filing their R&D Credit. One of those reasons simply can be using a provider that doesn’t specialize in the credit, or maybe when going through the [...]

19 05, 2021

Do Contingency Fees Leave Your R&D Credits at Risk?

By |2021-05-19T13:27:48-04:00May 19th, 2021|

TWO ITEMS TO CONSIDER WHEN BUYING R&D TAX CREDITS The R&D Credit is one of the most impactful benefits for companies that are improving products, processes, and software in the U.S., and it still remains one of the most [...]

28 04, 2021

R&D Credit: What is R&D?

By |2021-05-03T13:31:17-04:00April 28th, 2021|

First established in the early 1980’s, the R&D Credit was created to keep high-paying, technical jobs in the United States at a time in which those jobs were being moved overseas. Fast forward 40 years and the tax credit [...]

25 02, 2021

These 5 Activities Could Increase Your R&D Credit

By |2021-03-02T20:09:27-05:00February 25th, 2021|

While businesses are looking for ways to increase profitability and cash flow, and reduce tax liability throughout the year, it becomes more of a top-of-mind issue as the calendar rolls towards the tax filing deadlines in March and April.   [...]

28 05, 2020

Two Reasons to Explore the R&D Credit in Our Current Environment

By |2020-06-01T15:45:19-04:00May 28th, 2020|

Companies have experienced a roller coaster of a year this year and we’re not even at the halfway point. For some, business may have been booming only to grind to a halt once stay-at-home orders were initiated, and social [...]

24 04, 2020

3 Reasons Why CPA Firms Should Hire a Research Tax Credit Expert

By |2020-08-21T14:42:18-04:00April 24th, 2020|

Every year, tax season is a time in which accounting firms are burning the midnight oil to meet the filing deadline. That time can be stressful, emotionally draining and even physically exhausting as the clock winds down. With so [...]

27 03, 2020

Four Research Tax Credit Misconceptions

By |2020-03-27T21:05:45-04:00March 27th, 2020|

The research tax credit provides companies a competitive advantage and encourages growth, yet there remain many companies who are failing to take advantage of the credit due to some common misconceptions. Below are some of those misconceptions and an [...]

20 03, 2020

Breaking News – Tax Day Moved to July 15

By |2020-03-20T21:17:03-04:00March 20th, 2020|

Per a tweet on the morning of March 20, 2020, the Treasurer secretary announced that the April 15th filing deadline would be extended 90 days to July 15. Steven Mnuchin’s tweet said “At President Donald Trump’s direction, we are [...]

3 03, 2020

Higher Cash Returns for Start-ups in New House Research Credit Bill

By |2020-03-03T15:58:54-05:00March 3rd, 2020|

In December, the House of Representatives introduced a bill to boost the research credit for new and small businesses. The bill, Research and Development Tax Credit Expansion Act of 2019, would potentially impact taxpayers who are eligible to offset [...]

21 02, 2020

Companies Think Optimizing Their R&D Tax Credit Isn’t Worth Their Time. Here’s Why They’re Wrong.

By |2020-02-21T20:09:09-05:00February 21st, 2020|

Recently, I was talking to a company that was using an accounting firm to assist with their research tax credit. We went back and forth on the differences between using engineers and accountants to calculate the credit (we’re fans [...]