This video highlights the activities that may allow you to take advantage of the R&D tax credit. Are you working to improve existing products, processes or software? Or are you developing new ones? Businesses must pass a four-part test, explained in the video, to benefit from R&D credits and avoid leaving money on the table for common activities.
Contact our R&D Tax Team for a free feasibility study and/or to discuss your situation.
Do you own or plan to build or remodel 50,000 or more square feet of real estate? Are you looking for additional tax deductions? If so, you could likely benefit from energy efficiency deductions available under Section 179D. Here are some common questions …
The IRS Section 7520 rate will decrease to 2.8% for May. Near Zero Out Grantor Retained Annuity Trusts, Sales to Intentionally Defective Grantor Trusts and Charitable Lead Annuity Trusts are attractive since interest rates are near historical lows.