Tax Incentives Blog

R&D Tax Credits Can Help Businesses Win with Innovation

Written by Angie Longacre. Updated Jun 10, 2019.

1. South Korea, 2. Germany, 3. Finland, 4. Switzerland,
5. Israel, 6. Singapore, 7. Sweden, 8. U.S., 9. Japan, 10. France

Curious about this list? Could it be the top ten countries with the most registered cell phones? The countries that consume the most sea bass? Perhaps those with the largest population of professional chess players? Nope.

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Don’t Fear the Audit, Partner with a Tax Consultant

Written by Charlotte Ochs. Updated Jun 8, 2019.

You are a savvy business owner. Part of your business acumen includes knowledge of potential tax credits that can benefit your bottom line. However, the words “potential for audit” linger in the back of your mind.

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How Can Employers Benefit from Giving Ex-Cons a Second Chance?

Written by Angie Longacre. Updated Jun 5, 2019.

Second chances. Songs have been written about the concept, movies made, proverbs spoken, and tales told. We grant them to our spouses, to our friends, our children, co-workers, and even strangers.

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The Unusual Suspects of R&D: A CTI Success Story

Written by John Bohannon. Updated May 31, 2019.

“The Greatest Trick the Devil Ever Pulled…

…was convincing the world he didn’t exist” explains Roger “Verbal” Kint in the 1995 cult classic The Usual Suspects, a gripping crime drama depicting the deceptive power of hiding in plain sight.

As one of its primary themes, the film emphasizes how often we fail to perceive what’s right in front of us when it flies in the face of our preconceived notions. This mental barrier causes the film’s lead detective to ultimately let a golden opportunity—catching a shady criminal mastermind—slip through his fingers.

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The WOTC – Cooking Up Staff and Chopping Taxes for Restaurants

Written by Angie Longacre. Updated May 29, 2019.

Chances are, you or someone you know has at some point in their lives worked in a restaurant, bar, or coffee shop. Maybe you washed dishes at the local dinner after school to save up for that car; maybe your college roommate served up rich espressos between classes to pay for books; or perhaps your family member waited tables in a tavern to cover the bills.

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The WOTC and ATS – A Dynamic Duo of Integration

Written by Angie Longacre. Updated May 23, 2019.

Fish and chips. Batman and Robin. Steak and eggs. Hall and Oates. Bacon and…everything.

Some things are good all on their own: sink your teeth into a chunk of velvety milk chocolate or slip a spoonful of creamy peanut butter across your tongue. Yum. Now put them together…and you’ve got a Reese’s Peanut Butter Cup. “Two great tastes that taste great together.”

And sometimes they’re just better together.

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Work Opportunity Tax Credit and Jobs Act to Help American Workers…Permanently

Written by Rachel Zarate Brouwer. Updated May 20, 2019.

Updated May 20, 2019

Sen. Chuck Grassley (R-IA) announced late last week that lawmakers on the Senate Finance Committee will form bipartisan groups to analyze how best to address expired and soon-to-expire tax incentives, known as extenders.

Finance Committee Democrats and Republicans will convene six separate working groups to analyze tax extenders, with the two largest working groups addressing energy tax incentives and those for economic and community development.

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How the WOTC Helps Hotels ‘Keep House’ on Rising Costs

Written by Angie Longacre. Updated May 20, 2019.

The Days Inn hotel promotes its multi-national chain with a distinguishable rising sun, and until recently, the tagline: The Best Value Under the Sun. The slogan intended to succinctly convey the business’ value proposition dedicated to “providing value-conscious travelers with the best combination of warm hospitality and integrity for their money.”

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Top 3 Tax Incentives for Building ‘Green’

Written by Darren Labrie. Updated May 17, 2019.

The 21st-century conservationists have firmly planted the phrase ‘going green’ into the American lexicon. It ubiquitously serves as a catch-all term for the act of swapping old processes, services, laws, materials, and products for those that carry some environmentally-friendly and energy-efficient element. Green building construction is just one of the many environment-saving efforts happening today.

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2018 Farm Bill Sows Tax Breaks for Industrial Hemp

Written by Mark Echols. Updated May 15, 2019.

Fifty-four years ago, the U.S. government established the Agriculture Improvement Act – or ‘Farm Bill’ - to address agricultural, conservation, forestry, nutrition, and food policy. Since it’s implementation, congress reviews and updates legislation approximately every five years.

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