Tax Incentives Blog

Five Ways to Recover Software Development Expenses with R&D Tax Credits

Written by Darren Labrie. Updated Apr 24, 2019.

Have you ever known a fervent coupon clipper or a devout sale-shopper? They snatch up copious amounts of merchandise in single outings, free of personal spending-limit guilt. They know once the sales are tallied and the discounts deducted, they’ve comparatively ‘saved’ cart loads of cash with their deal-seeking dedication. They can frequently be heard proclaiming that anyone can buy and save big, you just need to know how to find the deals.

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How An Outsourced Tax Consultant Boosts Your CPA Firm’s Value

Written by Darren Labrie. Updated Apr 23, 2019.

I have a great mechanic. “Eddie” is well-rounded, his knowledge spanning all that is automotive. Yet, I wouldn’t say he’s expert in any one area. When you need the basics, he’s the guy. This became a bit of an issue, though, when my car came down with a confounding transmission problem.

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5 Bountiful Ways to Reap R&D Tax Credits for Your Software Startup

Written by Taz Singh. Updated Apr 16, 2019.

When I hear or see the term “start-up,” for some reason my mind’s eye conjures images of fragile, slender vegetable plants that have just recently tunneled their way up through the dirt and into the light. They’re teetering just inches above the soil, still closer to their origin than their destination. At this stage, they require attentive care to afford them every advantage to grow and prosper.

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Why Should a Professional Handle Your Cost Segregation Study?

Written by Darren Labrie. Updated Apr 12, 2019.

I’m a little bit of a do-it-yourselfer (DIYer). As with many other “I got this” zealots, I’m always game for saving a few bucks and invigorating the ego with bragging rights for completing a task or home-improvement venture that most others would call upon a professional to tackle.

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Employment-Based Tax Credits - Two-Sided Win for Employee and Employer

Written by Angie Longacre. Updated Apr 10, 2019.

We’ve all heard the saying “In life, there are winners and there are losers.” And often this holds true: only one boxer grabs the heavyweight championship title, only one salesperson earns the “Highest Sales” award, only one instructor will be crowned “Teacher of the Year,” only one student snags first place in the science fair…even flipping a coin to determine who has to do the dishes…there’s always a winner and a loser.

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Beyond the Beaker – Capturing R&D Tax Credits for Internal-Use Software

Written by Darren Labrie. Updated Apr 8, 2019.
Research and development (R&D). Often this phrase conjures images of mysterious laboratories ‘at the far end of the hall’ bubbling with beakers, test tubes, and crisp lab coats stuffed with pensive scientists hunching over microscopes and test results.
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Work Opportunity Tax Credit and Jobs Act to Help American Workers…Permanently

Written by Rachel Zarate Brouwer. Updated Apr 4, 2019.

A few years ago, the team here at CTI was ecstatic when the Federal Credit for Increasing Research Activities, also know as the “R&D Tax Credit” was made permanent with the signing of the Protecting Americans from Tax Hikes (PATH) Act of 2015. Now, our firm is on the precipice of celebrating another significant tax credit that will have an enduring benefit for our valued clients’ businesses and their employees.

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R&D Tax Credit in USA to Bolster Innovation Lags Globally

Written by Ted Marquardt. Updated Apr 3, 2019.

In December 1971, President Richard Nixon signed a bill called the National Cancer Act (NCA), starting a crusade in the U.S., declaring “War on Cancer”. With breakthrough treatments and early detection advances that have increased survival rates by 20 years, the government’s investment set the stage for the U.S. to become the world leader in cancer research.1

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Construction Tax Credits: Can You Claim It? Yes You Can!

Written by Ted Marquardt. Updated Mar 26, 2019.

For about 20 years now, young children have been welcoming the animated character Bob the Builder into their homes on their favorite kids television station. In fact, I personally have fond memories of cuddling on the couch with my kids on quiet Saturday mornings, watching Bob and the Can-Do Crew tackle any project while exclaiming “Can we fix it? Yes we can!”

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R&D Tax Credits for Wineries: Put a Cork in Lost Tax Savings

Written by Ted Marquardt. Updated Mar 16, 2019.

Starting in the late 1600’s, when it became possible to create glass bottles with an almost uniform shape and design, cork replaced glass wine stoppers as the sealing material of choice for wine bottles. This pairing of the cork and wine bottle is what ushered wine into the modern age, as from that point forward, wine now had the ability to age and evolve in the bottle.

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