R&D Tax Credits Can Upload Savings for Digital Therapeutics Research

Written by Corporate Tax Incentives. Updated Oct 27, 2019.

Even if you weren’t around to experience it on the big screen, most of you are probably familiar with the 1984 hit movie Terminator that immortalized the promise, “I’ll be back.”  The sci-fi flick depicts Arnold Schwarzenegger as a deadly cyborg sent back in time to eliminate a woman whose yet-to-be-conceived son will lead the charge to kill the robot’s nefarious creators.

Cyborgs, as portrayed in movies, are virtually computerized versions of walking, talking humans. Right now, they are still a product of the future – mostly. Digital therapeutics are not. Digital therapeutics are computerized variations of manual health therapies.

Read More

The WOTC Helps Senior Care Sector Return to Savings

Written by Corporate Tax Incentives. Updated Oct 22, 2019.

They watched the Lone Ranger ride his white horse across the world’s first televisions and ‘cruised the circuit’ in their ‘woodies.’ They swiveled their hips with Elvis Presley, drove to the drive-in to make out, developed the ‘burbs, and received the first polio vaccinations. They witnessed the fall of segregation, the rise of mega-corporations, and the take-off of transglobal passenger flights. Through all of this, they were ‘swell’ and ‘groovy,’ and wore ‘boss threads.’

Read More

R&D Tax Credits Administer Relief for Medical Device Industry

Written by Corporate Tax Incentives. Updated Oct 20, 2019.

Smart inhalers. Artificial irises. Heart failure sensor implants and wireless brain sensors. Surgery robotics, artificial organs, papyrus covered coronary stints – this is just a sampling of the most recent and advanced medical devices in use or soon to be.

These and other medical devices possess the power to detect distress, monitor conditions, and improve patients’ lives and ability to manage their health. They allow doctors and caregivers to diagnose and address ailments with greater accuracy and speed.  Never before has technology been so grafted to healthcare.

Read More

R&D Tax Credits Can Fuel Auto Industry’s Accelerated R&D Spending

Written by Corporate Tax Incentives. Updated Oct 17, 2019.

When the first “motorized carriages” rolled onto the road, safety and luxury features were not included - the motorized vehicle itself was the luxury...and safety?

But my, how far we’ve come. We’ve gone from no side or rearview mirrors to backup cameras and blind-spot alerts, from no seat belts to three-point harnesses and airbags, no windows to shatterproof glass. We now ride safely with anti-lock and automatic brakes, crash impact zones, padded dashboards, lane departure warnings, etc.

Read More

The WOTC Can Aid Senior Care Staffing Challenges

Written by Corporate Tax Incentives. Updated Oct 15, 2019.

My father vowed that he and his sister would never subject my grandmother to the confines of a senior facility. We would care for her at home till her last day. But sometimes circumstances break the promises we intend to keep.

As my grandmother’s health declined, we were no longer able to provide for her properly. And in-home care equipment and staff for the round-the-clock support she required were well beyond anyone’s financial capability. With broken hearts full of worry and sorrow, we decided to relinquish her to a senior healthcare facility.

Read More

Healthcare Cybersecurity Status: Critical. Tax Credits Can Offer Support

Written by Corporate Tax Incentives. Updated Oct 10, 2019.

I have a friend who is quite enchanted by technology. Her home and life are loaded with Smart Things. She conducts all her banking on her cell phone and adores wiling away an afternoon in a café as she shops online – with an unsecured network.

Read More

CPAs Can Progress Their Portfolio with Eldercare Services

Written by Corporate Tax Incentives. Updated Oct 8, 2019.

There’s a well-known idiom that says, “…in this world nothing can be certain except death and taxes.” Taxes we must pay along the way. If we’re lucky, we get the privilege of growing old before we ‘pay the ferryman.’ 

Read More

The WOTC – A Remedy for Healthcare’s Tech Training Costs

Written by Corporate Tax Incentives. Updated Oct 6, 2019.

The crash of a Boeing 737 MAX Lion Air plane flew into the headlines in October 2018. Five months later, an Ethiopian airline 737 MAX crashed, sparking an immediate call for Boeing’s entire global fleet of the new aircraft to be grounded.

Read More

Senior-Focused Tech Startups Can Load Savings with R&D Tax Credits

Written by Corporate Tax Incentives. Updated Oct 3, 2019.

My 71-year-old mother called me the other day. The conversation began something like this:

“Hi, mom.”

“I need help. The computer.”

“Ok, explain to me what’s wrong.”

“I have a paper open…well, I have three pages of paper, but I can see all three at the same time, instead of pulling that bar-thingy on the side to see them. And I can’t do anything. What did I do?”

Read More

The WOTC Can Help Auto Industry’s HR Challenges from Overheating

Written by Corporate Tax Incentives. Updated Oct 1, 2019.

After World War II, the U.S. auto industry zoomed into dominance, setting the bar for the wages and skill levels of America’s industrial workers.

Without competition from foreign manufacturers, the accelerating demand for automobiles powered the success of The Big Three: Ford, Chrysler, and General Motors. Jobs were plentiful, training was accessible, and earnings were exceptional on the blue-collar scale. Auto industry jobs were revered.

Read More