All too often we hear of damage caused by floods, fires, and other natural disasters. Special tax law provisions may help taxpayers and businesses recover financially from the impact of a disaster, especially when the federal government declares their location to be a major disaster area. In general, taxpayers who suffer an economic loss due...Continue Reading

Could you use some additional cash flow in your business? We thought so. Recent global events have certainly incentivized many tax decision-makers to prioritize tax planning that can increase cash and enhance overall business liquidity. This could mean a renewed focus on research and development credits (R&D credits). Specifically, more companies may be eligible to...Continue Reading

Many companies may not realize their full federal—or state—R&D tax credit eligibility due to factors such as outdated understanding of the tax law or lack of ongoing monitoring of qualifying activities throughout the tax year. With tax reform, it’s time to revisit this incentive for your company’s research and development activities. Over the past year,...Continue Reading