Category

R&D Tax Credits

Research and Development Tax Credit: Engineering Firms

By | R&D Tax Credits

Engineering firms are strong candidates for the Research and Development Tax Credit. Most of the activities they perform create new or improve existing business components (products, processes, techniques, inventions, formulas or software), the business components are technological in nature, they eliminate some kind of uncertainty, and they go through a…

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R&D Tax Credit – Payroll Tax Offset (FICA)

By | R&D Tax Credits

Startups can benefit from the Federal Research & Development Credit this year and reduce their quarterly tax liabilities with a Payroll Offset of up to $250,000 this year! We know how beneficial the Research and Development Credit (R&D Tax Credit) is when reducing taxable income for profitable companies, as well…

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