Have you ever wondered if you’ve been exposed to toxic air? Don’t wait until it is too late, get phone alerts if there is a potential danger in the air you’re breathing. Atmotube, a tiny pollution sensor, allows its users to track the air quality in any location they might…
There is an innovative health sensor in the market that can tell how fast your blood is pumping. The sensor is not like any other device we’ve seen before. The wearable device is soft, thin, stretchy and resembles a temporary sticker tattoo. A group of engineers and medical researchers from…
Researchers at the University of Minnesota have created a robotic arm system that can be moved by just thinking. Most of these robotic arm systems need extensive invasive brain surgery to successfully achieve their goal, moving. Researchers have come up with a helmet that allows the robotic arm to move….
Who doesn’t want to track their pets every day while at the office or running errands? Great news! Trakz, a UK based startup, wants to help dog and cat owners by creating high-tech products allowing them to track if their pets are eating correctly or getting the exercise they need….
Last February, seismologists from the University of California, Berkeley developed an app called MyShake. The application allows anyone to monitor seismic activities from the convenience of a cell phone. MyShake monitors seismic activity by screening potential earthquakes or alerting the user when one is underway. With more than 200,000 downloads,…
Zipline International Inc. is a startup that specializes in building drones that serve as delivery service providers. Zipline’s drones deliver medical supplies to hospitals and clinics located in secluded areas that aren’t accessible by land. Even though there are several companies in the drone delivery service industry, Zipline intends to…
Dollar stores are an extremely successful business model, they keep expanding to every strip mall in the US. The biggest dollar store companies had sales of approximately $40 billion in 2015. They are the “go-to” place to buy knick knacks and random items. Great news! Now you are be able…
For a company’s activities to meet the requirement to be considered qualified research activities (QRAs) it has to fulfill the “IRS Four-Part Test”. The “IRS Four-Part Test” has four requisites: New or Improved Business Component: The QRAs must result in a new or improved level of function, performance, reliability or…
Nowadays, there is no need to be a large pharmaceutical or aerospace company with heavy R&D activity to claim the R&D Tax Credit. Recent regulations have eased the qualification process, allowing startups to immediately benefit from the valuable tax incentive. Under the PATH Act (Protecting Americans from Tax Hikes Act),…
Startups Rejoice! R&D credits now offset payroll taxes: Historically, startups that were not paying federal income taxes could claim R&D Tax Credits, but would need to carry them forward on their corporate and/or shareholder returns until they could offset their income tax liabilities (aka until they were profitable in the…