startups Archives - Indago, Inc.

Sep 28

Research and Development Tax Credit: Offsetting Payroll Taxes

By hkeown | R&D Tax Credits

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),…

Aug 30

The IRS Four-Part Test

By hkeown | R&D Tax Credits

To qualify for the R&D Tax Credit an activity must meet all four criteria of the “Four-Part Test”. The IRS Four-Part Test requires: a new or improved business component (product, process, technique, invention, formula or software), the business component to be technological in nature, some kind of elimination of uncertainty,…