R&D tax credits can immediately benefit a company as a significant source of cash for reinvestment or other needs. They also provide a significant reduction to current and future tax liabilities. Tax Point Advisors has been able to help companies claim significant tax credits ranging from tens of thousands up to millions of dollars. Through the following examples, we hope you will gain a deeper understanding of the outstanding opportunity that is available for your company for your eligible activities.
Read full post | Posted by Jeffrey Feingold on 02.02.22
On July 23, U.S. Rep. Jackie Walorski (R-IN) along with cosponsor Rep. Jodey Arrington (R-TX) sponsored H.R. 7766. This legislation would double the traditional research and development tax credits, and make it easier for small businesses and start ups to access the tax credit incentive.
Read full post | Posted by Jeffrey Feingold on 07.30.20
Any company producing new antibiotics or infection fighting equipment, utilized to combat COVID-19 are certainly at the forefront of all medical research being conducted in the U.S. currently. These lifesaving efforts can be supported by the R&D tax credits.
Read full post | Posted by William Mehi on 07.13.20
Manufacturing companies are responding by pivoting their operations to produce products to help in the fight against COVID-19.
Read full post | Posted by on 06.22.20
CPAs: Are your clients missing the opportunity to claim valuable tax credits?
Read full post | Posted by on 06.04.20
A significant but often overlooked financial incentive to energy efficient builders and contractors is the 45L tax credit. This tax credit is for owner occupied or rental dwelling buildings that meet certain energy saving standards.
Read full post | Posted by on 05.14.20
R&D efforts are crucial to improving the lives of those suffering from a wide range of diseases including this new Coronavirus currently in the media. Innovative companies investing in medical research should take advantage of R&D tax credits to increase their chances of success.
Read full post | Posted by Jeffrey Feingold on 02.18.20
The R&D League will work together to provide scientific tools to San Antonio and investigate new ideas to help city staff make data-driven decisions.
Read full post | Posted by on 02.05.20
The MORE Act addresses many of the issues deriving from marijuana prohibition, but it does not offer remedies for every issue. Instead, it takes a somewhat hands-off approach, leaving most regulatory questions up to the individual states.
Read full post | Posted by William Mehi on 01.23.20
Tax Point Advisors provides R&D tax credit services and other specialty tax services to businesses in the cannabis industry and can help you navigate any issues and opportunities arising from this new Illinois legalization for 2020.
Read full post | Posted by Jeffrey Feingold on 01.14.20
