R&D Credit

Hidden Cash: Tap Into R&D Tax Credits

By | 2018-04-08T19:56:11+00:00 April 8th, 2018|R&D Credit|

Each year, engineers at Minneapolis-based Third Wave Systems pile up hundreds of thousands of dollars in research and development expenses creating and refining software used in machining processes. It's only in the past few years, though, that Third Wave has been taking advantage of federal tax credits that allow it to recoup some of those

How do I calculate the (RD) Research Credit?

By | 2018-03-25T09:28:42+00:00 March 25th, 2018|R&D Credit|

How to attain your R&D Tax Credit Calculation the right way. If your company relies on the hard sciences or uses technology to create or improve products or processes, you may be engaging in qualified R&D activities and be eligible for the Research & Development Tax Credit. But you have to know how to apply to get the most

What Makes a Good Production Plan?

By | 2017-12-19T05:06:24+00:00 December 17th, 2017|News, R&D Credit|

To maximize productivity, every company needs a sound production plan. However, effective planning is a complex process that covers a wide variety of activities to ensure that materials, equipment and human resources are available when and where they are needed. Production planning is like a roadmap: It helps you know where you are going and how long

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

Small businesses to take the R&D Tax Credit against their AMT.

By | 2017-09-13T07:34:10+00:00 August 19th, 2017|R&D Credit|

The tax deal just put forward by the Congress not only makes the R&D tax credit permanent but also includes two key changes to the R&D tax credit which will be of enormous benefit to innovative small businesses – and especially startups. Business owners need to pay close attention. First, the legislation allows small businesses

The Secrets of Claiming the R&D Tax Credit.

By | 2017-09-07T15:06:07+00:00 August 11th, 2017|R&D Credit|

There are plenty of myths and urban legends about the R&D Tax Credit – such as that it's only for large companies or for certain industries. But listening to this kind of talk could be a big mistake. The fact is that the R&D tax credit is quite broad. Oh and yes, it can be

Why the R&D Tax Credit is better than ever.

By | 2017-09-12T15:58:24+00:00 August 9th, 2017|R&D Credit|

Many business owners think only large companies conducting groundbreaking research can claim the federal R&D tax credit, or that it’s simply too difficult to qualify. Wrong! The Protecting Americans from Tax Hikes Act of 2015 made it easier for businesses to benefit from the R&D Tax Credit. In fact, new changes to the valuable credit