Before Congress clarified the deductibility of forgivable loans under the Paycheck Protection Program (PPP) in December, the ability of PPP loan recipients to also qualify for Research and Development Tax Credits (R&D) was in question. The R&D tax
The R&D tax credit can save firms thousands of dollars. AIA partner Engineered Tax Services explores the myths that might be holding you back from taking part. The Research & Development (R&D) tax credit is a permanent
Is your engineering firm missing opportunities to capture tax savings? Research and development (R&D) tax credits are a permanent federal tax incentive designed to stimulate innovation, growth and competitiveness. The R&D tax credit – also
Are you missing opportunities to capture tax savings through research and development (R&D) tax credits? Medical device manufacturers conduct ongoing activities that qualify for meaningful tax savings to increase cash flow. Yet, many manufacturers fail
Builders, developers and property owners who undertake sustainable building projects often don’t realize that they may qualify for research and development (R&D) tax credits offered by the federal government and many states. The purpose of
Many business owners, manufacturers and software designers believe the process of documenting project expenses that qualify for research and development (R&D) tax credits is onerous and time-consuming. However, the effort is well worth it as
Business owners in many types of industries, including architecture and engineering, may be eligible for federal and state research and development (R&D) tax credits and not realize it. Some mistakenly believe that these credits only
Taxpayers have become more aware of the benefits offered through federal research and development (R&D) tax credits. The tax incentive is now meant to stimulate innovation and design in industries throughout the U.S. As you
Confusion and gray area have surrounded the research and development (R&D) tax credit (technically called Research and Experimentation tax credit IRS Code Section 41) for years. Both CPAs and business owners struggle to understand the
The Research and Development (R&D) Tax Credit is a permanent federal tax incentive intended to stimulate innovation, technical design and manufacturing within the U.S. Many taxpayers associate these valuable tax credits with work conducted by