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 these tax credits is to keep the U.S. at the forefront of technology and advancement by stimulating investments in technological
If your company’s revenues have been reduced by the COVID-19 pandemic, you may be able to increase cash flow by claiming several federal and state tax credits and incentives. R&D Tax Credit The U.S. government and two-thirds of U.S. states offer research and development (R&D) tax credits. Many companies mistakenly believe that these credits are
The passage of legislation in late 2019 made two energy tax incentives for noncommercial property retroactive to 2016 and extended the deadline to claim them to December 31, 2020. Section 45L Energy Efficient Tax Credit Lawmakers extended the 45L Energy Efficient Tax Credit for dwellings or residential units on qualifying properties. This tax credit is
The fifth generation of wireless technology, known as 5G, is being implemented across the country. 5G will enable the connection of 100 times more devices than 4G. It promises to revolutionize connectivity to support a host of technological advancements across many industries. It also will eliminate the need for data storage on devices, as everything
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 their qualified projects can yield beneficial tax savings, increase their cash flow and give them a competitive advantage. Although setting
October 19, 2020 (West Palm Beach, FL) – Julio Gonzalez, CEO of Engineered Tax Services (ETS) announced today that he has acquired both The Growth Partnership (TGP) and the ABLE CRM platform from longtime consultants Jeff Pawlow and Charles Hylan. Terms of the deal were not disclosed but Pawlow and Hylan have signed agreements to