NEW YORK–(BUSINESS WIRE)–tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that it has signed an agreement with Engineered Tax Services, Inc. (ETS), the country’s largest licensed tax credits and incentives advisory firm. ETS is a licensed engineering firm with over 150 employees that focuses on federal, state, and local tax credits and incentives. ETS caters to a diversified client base, which largely consists of several thousand private CPA firms and their related clients in the businesses of real estate, manufacturing, and energy. This partnership will introduce tZERO to ETS clients seeking technology services to digitize their capitalization tables (i.e., tokenization). tZERO’s tokenization standard is interoperable with the tZERO ATS trading ecosystem, giving issuers optionality to a secondary liquidity solution.
Fixed Fee vs. Time and Materials: Tax Credit Implications
Research and development (R&D) tax credits are a powerful financial incentive for companies willing to push the boundaries of innovation. These credits reward businesses that invest in developing new products, processes or technologies—essentially encouraging them to take risks that benefit society as a whole. However, not all R&D projects qualify for tax credits. To make