In December 2015, the federal R&D tax credit was made permanent by The Protecting Americans from Tax Hikes Act of 2015 (“PATH” Act). Apart from instilling confidence in US businesses to [...]
Undeniably, the manufacturing sector has a large footprint in the U.S. economy. It employed 12.0 million workers in 2013, equating to 8.8 percent of total U.S. employment. In particular, the [...]
The Research & Experimentation Tax Credit or R&D Tax Credit is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development [...]
In the era of the digital age, there are few areas of our lives which are not impacted by the use of technology. The business world, in particular, is moving faster and becoming more global, more [...]
The alternative minimum tax, commonly referred to as the AMT, was designed in 1969 to ensure that wealthy taxpayers didn’t use loopholes to escape paying their fair share of taxes. The AMT [...]
Tax season is over, but if you had to pay the federal Alternative Minimum Tax (AMT), there may still be work to do. Essentially, the AMT is a separate federal income tax system with its own tax [...]
Curious what alternative minimum tax is? Watch our latest presentation to discover how the alternative minimum tax impacts the research and development (R&D) tax credit. Watch on YouTube: [...]
By definition,a C corporation, under United States federal income tax law, refers to any corporation that is taxed separately from its owners. A C corporation is distinguished from an S [...]
As a company grows and considers changing legal structure, it should keep in mind that its legal structure can influence how it and its owners benefit from the R&D credit. For instance, [...]
This 45 minute webinar looks at teaching companies how to claim the R&D tax credit here in the United States. Does your company… Design, engineer or manufacture its own products? Look [...]