Most money managers are not aware the daily R&D activities taking place can be rewarded in federal and state research and development tax credits.
Tax Point Advisors, will be the program speaker at the ACEC Oklahoma general membership meeting and 2018 Engineering Excellence Awards dinner on January 24th, 2019.
Start-ups and small to medium size companies can be using all or part of their R&D credits against their payroll tax liability.
With careful planning and the understanding of applicable state tax codes, cannabis entrepreneurs can take proactive steps to reduce their state tax liabilities.
For companies that are carrying out innovative work in LED technology in the United States, R&D tax credits are a valuable resource.
R&D tax credits should not be overlooked by any industry that is performing daily research for their nanotech business, as they could be losing valuable profits.
Businesses in the robotics industry are performing research and development in everyday activities and most are not aware these operations could qualify for a dollar-for-dollar reduction of their income tax liability.
Research and development is a critically important aspect of the cannabis industry’s current and future growth.
U.S. pharmaceutical companies spend billions of dollars annually conducting research to develop new or improved medicines. Now is the optimal time to take full advantage of the R&D tax credits that are available to them.
When you think about it, packaging is essential for any product being sold. From storage to transport to the end user, package designers seek ways to advance the quality, functionality and safety of their products—all within compliance of regulatory guidelines. Many package designers would be surprised to discover that many of the activities they already are conducting qualify for valuable tax credits.
