Do you qualify for the R&D tax credit?

Calculating various tax breaks and credits can be tricky territory. The US government provides a tax credit for companies that engage in qualified Research and Development (R&D) activities.

What is the R&D tax credit?

The Research & Development Tax Credit, often simplified to the “R&D Tax Credit”, offers an opportunity for business owners to substantially reduce their tax liabilities.

According to The CPA Journal, the federal R&D tax credit was first introduced as a…

Why tech companies often miss out on the R&D tax credit

The Research & Development Tax Credit, often simplified to the “R&D Tax Credit”, offers an opportunity for small and large business owners alike to substantially reduce their tax liabilities. From robotics and machine learning to AI…

How COVID-19 could impact your R&D tax credit

As the world continues to deal with the effects of COVID-19, the United States has had to pass various rounds of new legislation to help Americans and their businesses. To encourage the growth of the US economy, legislators may look to make changes…

Why you should use a modern tech-based company over traditional firms for R&D tax credits

Calculating tax breaks and credits can be quite tricky. The Research & Development Tax Credit is no exception. When it comes to calculating the R&D tax credit for your business…