by Joyce Kandt | Mar 14, 2022 | tax
With the 2021 tax filing season underway, it is important for taxapyers to review their tax saving opportunities, especially as they relate to the Employee Retention Tax Credit (ERC). Overview of the Employee Retention Credit Since enacted in March 2020 as... 
by Joyce Kandt | Sep 16, 2021 | tax
Main Street Small Business Tax Credit II California enacted legislation for the Main Street Small Business Tax Credit II to support taxpayers impacted by the economic troubles in tax years 2020 & 2021. Like the Main Street Small Business Tax Credit... 
by Joyce Kandt | Mar 18, 2021 | tax
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... 
by Joyce Kandt | Mar 10, 2021 | tax
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... 
by Joyce Kandt | Nov 30, 2020 | tax
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...