Taz Singh, CPA

Taz Singh, CPA
Taz has 20 years of experience in tax and business incentives. Prior to establishing CTI, Taz served as a corporate tax auditor for the California Franchise Tax Board. During his tenure, Taz specialized in auditing tax credits, including manufacturers’ investment credits, research & development credits and credit limitations (IRC 382 Limitation) due to ownership changes.
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Recent Posts

Want the Truth About Cost Segregation?

Written by Taz Singh, CPA. Updated Jun 25, 2019.

Half-truths, misconceptions, and myths fly about our world like a colony of “blind” bats awakened for the night: Napoleon was short, don’t wake a sleepwalker, you can see the Great Wall of China from space, the ‘five-second rule,’ duck quacks don’t echo, bulls hate red…

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

Written by Taz Singh, CPA. 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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R&D Tax Credits For Internal-Use Software: High-Level Executive Wages

Written by Taz Singh, CPA. Updated Jul 14, 2016.

One of the key expenditures incurred during software development activities is employee wages.

What you may not already know is that, under Internal Revenue Code (IRC) Section 41, some wages are considered qualified research expenses, especially if the employee’s activities are for direct research, direct supervision or direct support of those performing research.

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4 Concrete Ways The Video Game Industry Qualifies For R&D Tax Credits

Written by Taz Singh, CPA. Updated Jun 9, 2016.
The R&D tax credit and the video game industry complement each other, but companies need to know what activities are potentially qualified for them to take full advantage of these benefits and opportunities. Below are some of the more significant R&D activities that video game companies conduct that will qualify for both federal and state R&D tax credits
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CTI Client Success Story: Pharmaceutical R&D Tax Credits

Written by Taz Singh, CPA. Updated May 12, 2016.
A California-based middle market, specialty pharmaceutical R&D company engaged in the development, manufacturing and commercialization of generic and proprietary injectable and inhalation drug products.

This private company has grown rapidly over the past several years with annual revenues of approximately $125 million.
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The Orphan Drug Credit: Considerations For Computing Qualifying Wages

Written by Taz Singh, CPA. Updated May 5, 2016.
As more and more pharmaceutical companies invest in new and improved drug development activities, certain drug indications dictate whether or not the medicine will be viable for a small or large segment of the population.
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Innovative Medicine: IRS Guidelines To Maximize Your R&D Tax Credits

Written by Taz Singh, CPA. Updated Apr 21, 2016.

Drug discovery and development in the pharmaceutical industry is a complicated and complex process involving significant time, energy and resources with individuals developing new or improved medical products and drugs involving new research, the discovery of new development processes, preclinical and clinical testing, and high-tech drug manufacturing processes. Using R&D tax credits is one way companies can continue investing in innovative medicine. 

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Maximize R&D Tax Credits With Pharma Executive Wages

Written by Taz Singh, CPA. Updated Apr 7, 2016.

One of the most lucrative incentives for companies that invest in research and experimentation activities is the federal and state R&D tax credit. Although the credit has been available since 1981, many companies in the pharmaceutical industry have failed to fully account for, identify and claim credits for research expenditures.

A key component of the R&D tax credit is determining which activities and expenses are eligible. 

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Everything You Need To Know About New R&D Tax Credit Legislation

Written by Taz Singh, CPA. Updated Feb 11, 2016.

Congress has permanently extended the research and development (R&D) tax credit, retroactively as of January 1, 2015. This extension is part of the PATH Act of 2015.

Adding to the research credit’s much-anticipated permanence, the legislation also features important changes expanding how the R&D tax credit benefits are currently used, especially by small businesses.

The following are key enhancements as a result of the new R&D legislation changes:

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Case Study: The Successful Results of A Complete Fixed Asset Review

Written by Taz Singh, CPA. Updated Feb 5, 2016.

**This case study is an amalgamation of CTI client success stories – based on real-life outcomes – to showcase a balanced, conservative perspective in the interest of not inflating numbers or empty promises.**

Company XYZ, Inc. is a food manufacturing company with four facilities spread throughout California, including its headquarters facility, which is located in Sacramento.

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