Monthly Archives: September 2017

Small Businesses may now offset AMT and payroll tax liabilities with the R&D Tax Credit.

By | 2017-09-19T14:38:00+00:00 September 19th, 2017|R&D Credit|

The Short Story Businesses historically have not been able to use the Section 41 research credit in tax years where there was no regular income tax liability. However, on December 18, 2015, then-President Obama signed into law the Protecting Americans from Tax Hikes (PATH) Act of 2015, which includes favorable changes to the research credit

6 Ways R&D Tax Credits Can Help Save You Money.

By | 2017-09-13T20:20:17+00:00 September 13th, 2017|R&D Credit|

For many entrepreneurs, day-to-day tasks are marked by notable levels of exploration and innovation. And while a creative spirit is an important quality in a business leader, so is financial prowess. It’s likely that many entrepreneurs are doing work that qualifies for the Research and Development (R&D) Tax Credit and the substantial cash savings it