A Guide to the Employee Retention Credit

A Guide to the Employee Retention Credit

What is the Employee Retention Credit (“ERC”)? The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) created a refundable employee retention credit as an incentive for employers to retain their employees during the 2020 pandemic. The Employee Retention...
Top Things You Need to Know About the R&D Tax Credit

Top Things You Need to Know About the R&D Tax Credit

What is the Research and Development (R&D) Tax Credit? The R&D tax credit is a general business credit that was created for taxpayers that design, develop, or improve products, processes, techniques, formulas, or software. The R&D tax credit was first...
Year-End Tax Planning Utilizing R&D Tax Credits

Year-End Tax Planning Utilizing R&D Tax Credits

The Research and Development (R&D) Tax Credit is a top incentive for Companies to substantially reduce their federal and state income tax liabilities.  Taxpayers with qualifying research may expense these costs immediately and receive an income tax credit...