small business Archives

Posted June 1, 2020

The Department of Innovation Announces $53 Million for Small Business R&D Grants

The U.S. Secretary of Energy, Dan Brouillette recently announced that the U.S. Department of Energy will be awarding 256 grants totalling $53 million to 211 small businesses in 35 states and the [...]

How the New R&D Credit is Helping Small Businesses with AMT and Payroll Tax Offsets

AMT Tax Offset The newly revamped R&D Tax Credit program, as enacted through the PATH Act, now permits eligible small businesses (ESB) to include the R&D credit in the calculation of the [...]

Small Businesses Can Now Apply Research Credit to Payroll Tax Liability

The Internal Revenue Service (IRS) is offering a new method for start-up businesses to claim the research tax credit. Small businesses with gross receipts under $5 million are now able to apply [...]