RESEARCH AND DEVELOPMENT TAX INCENTIVES FOR THE SOFTWARE & TECHNOLOGY INDUSTRY

Many companies that develop software and technology are unaware that the government offers generous research and development (R&D) incentive programs. And, those that are aware often fail to capture the full extent of tax credits for R&D to which they are entitled. For example, many companies may be capturing relevant expenses from their programming cost…

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The “Startup Act” – Catching the Economic Winds

The “Startup Jobs and Innovation Act”, properly evangelized within the economic development eco-system, can be reasonably expected to create jobs by nudging innovative technologies into the promised land of commercial success. The “Startup Act” addresses major concerns of small technology businesses and startups. The government’s focus on bolstering startups is well-directed… “To jump-start economic recovery…

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The R&D Tax Credit: A Brief Primer

    At the end of last year, Congress did U.S. manufacturers a major favor. Now, it is up to those manufacturers to follow through on their good work. In December, Congress passed and the president signed into law the Protecting Americans from Tax Hikes Act (PATH) of 2015. Among a host of other tax…

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Cost segregation leads to improved cash flow

Real estate professionals can also use cost segregation as a way to defer taxes through accelerated depreciation. While it appears simple on the surface, there is actually a lot going on behind the scenes. At its core, a cost segregation study boils down to a timing play. You’ll have the ability to shorten depreciable lives…

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Eight Myths That Keep Manufacturers From Claiming the R&D Tax Credit

The research and development (R&D) tax credit has never been more available to manufacturers. It’s a shame the majority of them don’t realize it yet. At nearly $10 billion a year, the R&D tax credit is one of the biggest incentives available and can save manufacturing companies hundreds of thousands of dollars — yet only…

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