R&D Tax Credits for the Food Science Industry

Consumer demands for fresher products made without artificial colors/flavors, preservatives, hydrogenated fats, or genetically modified ingredients (GMOs) have had a significant impact on the food science industry in recent years. These demands have made research and development a key factor in the productivity and growth of the food industry.

Read full story


Clarification of Treasury Notice 2017-23 and the Payroll Tax Credit

Tax Point Advisors, an R&D tax credit expert, clarifies the Treasury Notice 2017-23 and the Payroll Tax Credit

Read full story


The Biotechnology Industry is “Growing” and Can Qualify for Significant R&D Tax Credits

Biotechnology companies are continuously undertaking qualified research activities to solve the greatest challenges facing our society. Whether it’s finding a cure for cancer, protecting against bio-terror threats, or creating renewable energy sources, biotech and life science companies can take advantage of the R&D tax credits for their qualified research expenditures associated with these activities.

Read full story


Medical Device Manufacturing Activities Qualify for Valuable R&D Tax Credits

If your company operates in the medical equipment manufacturing industry, there is a strong chance that you would benefit from an R&D tax credit study.

Read full story


Does Your Textile or Apparel Manufacturing Business Qualify for R&D Tax Credits?

Apparel manufacturing companies are also eligible for the research and development tax credit for any activities relating to creating new and or improving existing manufacturing processes. 

Read full story


Read full story


Chemical Companies Can Benefit from R&D Tax Credits

R&D activity in the chemical industry sector either involves new production processes or new compositions of matter (product development).  Research objectives generally include, but are not limited to, higher performing products, sustainability features, alterations aimed at regulatory compliance, and cost reductions.  

Read full story


GOP Releases New Tax Reform Framework

The White House and Republican congressional leadership released a nine-page outline on September 27, 2017 to guide upcoming legislation on tax reform. This framework will help in configuring what will be an active, and likely debatable phase of tax reform.

Read full story


Does Your Vineyard or Winery Qualify for R&D Tax Credits?

If your company conducts activities within the winemaking industry there is a strong likelihood that your company can take advantage of the R&D tax incentive.

Read full story


IRS Introduces Research Credit Directive for Taxpayers  that Report R&D Costs on Audited Financial Statements

Many taxpayers can take advantage of a ‘safe harbor’ or Research Credit Directive the IRS has just announced.

Read full story





Latest from the blog

R&D Tax Credits for the Food Science Industry

Read More

Clarification of Treasury Notice 2017-23 and the Payroll Tax Credit

Read More

The Biotechnology Industry is “Growing” and Can Qualify for Significant R&D Tax Credits

Read More

Contact Us Today for a No Risk Assessment

Get Started