Survey Results: The Finance Function – Driving Successful Innovation
Download the survey results overview infographic here.
Taking a New and Improved Approach to Innovation
Download part one of a detailed discussion of the survey results here.
Newly Released Drafts Help Businesses Prepare for Revamped R&D Credit
Qualifying businesses can now use the research and development (“R&D”) tax credit to offset up to $250,000 of the Social Security portion of their payroll taxes, thanks to the Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”). The PATH Act not only made the R&D credit permanent and retroactive to January 1, 2015 – it also expanded the credit so that qualified small businesses (typically start-ups) can reduce their payroll taxes by taking advantage of the R&D credit. The PATH Act also makes it possible for eligible small businesses to offset their entire Alternative Minimum Tax (“AMT”) liabilities. Read More.
What’s The Big Deal About Business System Requirements?
Made in the USA: Does What You Do Qualify for a Tax Deduction?