Tax Incentives Blog

Rise of the Machines: Texas Manufacturing is Booming thanks to Automation

Written by Ted Marquardt. Updated Feb 20, 2019.

The phrase “Rise of the Machines” has become a ubiquitous slogan that is often invoked when one embarks on a discussion about technology and its increasing presence in both our public and private lives.

Some welcome “The Rise” with open arms for the personalization, efficiency, and convenience that technology makes available to us, enabling entrepreneurship, personal connections and a global oneness not encumbered by geography.

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Don't Be Shocked by What May Qualify as Research Activity for Electrical Contractors

Written by Thomas Folsom, J.D.. Updated Feb 16, 2019.

Opinions, opinions, opinions…. everybody has them and the latest one on the application of section 41, the “R&D Tax Credit”, is fresh off the presses from the federal court in the southern district of Ohio.

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It’s Not Lonely in the Lone Star State! More Businesses Call Texas ‘Home’

Written by Ted Marquardt. Updated Feb 6, 2019.

On the heels of the record-setting incentive package of more than $1.5 billion in grants and tax breaks from New York state that Amazon stands to get for bringing at least 25,000 workers to a new campus in Queens, New York Gov. Andrew Cuomo was quoted as saying, “All things being equal, if we do nothing, they’re going to Texas.”

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Pop Quiz! What’s Your R&D Tax Credit IQ?

Written by Ted Marquardt. Updated Feb 2, 2019.

Nothing like a pop quiz to wake you up and get one’s juices flowing! You probably landed on our blog site thinking you could just passively sit there and read about the R&D Tax Credit, an income tax credit that can provide a dollar-for-dollar reduction in a company’s federal tax liability. Well, not today dear reader…not today.

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‘Money Grows in Rows’ for California Agriculture with the Help of R&D Tax Credits

Written by Ted Marquardt. Updated Jan 30, 2019.

California, the most populous state in the nation, is home to Hollywood stars, Silicon Valley technology, Disneyland amusements, sunny coastline beaches, and majestic National Parks. Since becoming a state nearly 170 years ago, California is one of the country's wealthiest and most socially and politically influential.

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R&D Credits ‘Make the Cut’ with the Tax Cuts and Jobs Act

Written by Charlotte Ochs. Updated Jan 19, 2019.

When President Trump signed the Tax Cuts and Jobs Act (“TCJA”) into law a little over a year ago, he enacted the most sweeping update to the U.S. tax code since the 1986 tax reform enacted under President Reagan.

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You Complete Me: CPA Firms Partner with Tax Consultants to Attract Business

Written by Darren Labrie. Updated Jan 9, 2019.

There is no shortage of famous movie quotes in the lexicon of pop culture, and the phrase “You complete me” uttered by Tom Cruise in the film Jerry Maguire certainly belongs somewhere at the top of the list. While expressed with complete sincerity in the film to his love interest, the phrase has enjoyed longevity having been oft quoted, sometimes as a comedic device, such as in the film Austin Powers and the TV show The Office, and in the deranged rantings of the villainous Joker in the Batman film The Dark Knight.

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No Excuses this New Year…Resolve to Claim the Manufacturing R&D Credits You Deserve

Written by Ted Marquardt. Updated Jan 5, 2019.

2018 has come to a close, and we’ve just rung in the new year, celebrating our most recent 365-day trip around the Sun with our family and friends, party hats, and noise-makers. With the new year, many people engage in retrospection, re-evaluating some life choices and declaring New Year’s resolutions to change an undesired trait or behavior, to accomplish a personal goal, or otherwise improve their life. Diet, exercise, learning a new skill…these are some of the many self-improvement endeavors that we will pursue.

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Arizona R&D Tax Program: Savings Easier to Claim than Hiking the Grand Canyon

Written by Mark Echols. Updated Dec 18, 2018.

Being one of the Seven Natural Wonders of the World, Arizona’s Grand Canyon National Park is a breathtaking and humbling vision to behold. But to fully appreciate its wonder, hiking down into the canyon is a must.  With dozens of trails available to visitors, hiking the canyon is a popular activity. However, despite all its beauty, taking to the trails that snake down along the walls of the Grand Canyon can be a demanding, even treacherous endeavor.

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You Don’t Need a Time Machine to Claim R&D Credits

Written by Mark Echols. Updated Nov 27, 2018.

The Federal Credit for Increasing Research Activities (“R&D”) tax credit has been available to companies since 1981, but the complex computational rules surrounding the credit have traditionally been a hurdle for companies to claim the benefit.

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