Why CTI?

Leadership

Thomas Folsom, JD

Managing Director of Research & Development

Thomas FolsomEducated as an attorney, Thomas is highly technical with a wide range of experience in calculating and substantiating research and development tax credits and working with clients in various industries ranging from electronics manufactures, drug manufacturers, and agribusiness to engineering services firms.

Thomas began his career more than 15 years ago in civil business litigation and quickly moved into tax and tax controversy. Thomas’ tax controversy experience quickly developed into a niche in tax consulting and conducting R&D studies. Thomas gathered experience in many industries and various size companies working with Fortune 500 companies while at big four accounting firm, PwC and working with mid-size companies during his experience at a boutique consulting firm. Having managed and implemented literally hundreds of R&D credit studies, as well as R&D state and federal audits, many through conference appeals, Thomas has a wealth of knowledge in the application of R&D law. Prior to joining CTI, Thomas was a core member of the team that won U.S. v. McFerrin, one of the seminal cases in the R&D arena.

Prior to working in tax, Thomas practiced at a business litigation firm where he represented manufacturers and service firms before various trial and appellate courts of law. He received his Bachelor of Science degree in Business Finance from The Florida State University. Thomas subsequently earned his Doctor of Jurisprudence from Houston College of Law. He is licensed to practice law in the States of Texas, Mississippi and Florida and before several Federal jurisdictions, including the United States Tax Court.

Find Out If Your Business Qualifies For R&D Tax Credits  Take this quiz to find out if your company's R&D activities can qualify for  tax incentives. Take the Quiz

WOTC Tax Credit Calculator

All businesses that pay income tax in the U.S. qualify for the federal Work Opportunity Tax Credit (WOTC). To quickly estimate your company’s WOTC, fill out the fields below.

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