Podcasts about d tax credit

Schedule an Rx Assessment Welcome everyone to the Bottom Line Rewind, your monthly recap of the Bottom Line Pharmacy Podcast. This month, we feature interviews on topics about Inventory, AI and Automation, the Peptide PCAC meeting, R&D Tax Credits, and Basis when buying a pharmacy. Click below to check out the full episodes: Episode 1: Inventory Management in 2026 with Jared Barton, CEO of Inventory IQ Episode 2: Inside a Pharmacy AI Bot with Ross Miller, VP of Sales at TJM Labs Episode 3: R&D Tax Credit, Trump Accounts, Taylor Swift's Wedding Episode 4: Peptides, Policy, and PBMs with Dr. Anne West, Clinical Pharmacist at Atrium24, Dae Y. Lee, PBM & Pharmacy Practice Group Co-Chair at Buchanan Ingersoll & Rooney, P.C. Episode 5: Understanding Basis When Buying a Pharmacy with Ollin Sykes, CPA, CMA, CITP Stay connected with us: Facebook | Twitter | LinkedIn YouTube | TikTok | Instagram | Blog

Check out our Website!https://singularagronomics.comCheck out our full product line here!https://singularagronomics.com/products/Are you interested in any of our line of products, or want to learn more? Follow the link below to find a dealer closest to you!https://singularagronomics.com/contact/Check out our Quarterly Newsletter:https://singularagronomics.com/newsletter/Blog:https://singularagronomics.com/blog/Want to become a Distributor? Email Us: info@singularagros.comCheck us out on Social Media!Instagram: https://www.instagram.com/singular_agronomics/Facebook: https://www.facebook.com/profile.php?id=100093693453465https://onshore.com/singular

April 23, 2026- State policymakers are weighing whether to disconnect a state tax break for manufacturers from a federal credit that was made more lucrative this summer. Our guest is Todd Tranum, executive director of the Manufacturers Association of the Southern Tier.

Health care affordability, Connecticut's economy, and workforce development are front and center on this episode of CBIA BizCast. CBIA Policy Director Grace Brangwynne joins host Amanda Marlow to discuss the defeat of legislation allowing small businesses to form association health plans. Association Health Plans allow small businesses to come together, pool their risk, and purchase affordable, high quality health insurance through a trade association or local chamber of commerce. Marlow was also joined by CBIA Foundation director Dustin Nord to break down new economic data and highlight the foundation's newly released Connecticut Workforce & Education Strategy Blueprint. The episode also features a portion of a conversation between Nord, former U.S. Education Secretary Miguel Cardona, Electric Boat's Willie Barber, and Economic Leadership's Kat Saunders highlighting the blueprint. And the episode highlights a recent news conference on a push to expand the R&D tax credit to pass-through entities at Burke Aerospace. The event included Gov. Ned Lamont, Burke president and CEO Brittany Isherwood, DECD commissioner Dan O'Keefe, and CBIA president and CEO Chris DiPentima. Episode Highlights Small Business Healthcare • What are Association Health Plans? • Why did the legislation fail? • What's next for small businesses and their employees? Economic Update • Connecticut added 5,300 jobs in January • Connecticut's economy expanded 2.4% in 2025—12th fastest in the country Workforce Blueprint • Release of CBIA Foundation's Connecticut Workforce & Education Strategy Blueprint • Panel discussion on strengthening high school-to-career pathways, aligning education and industry needs, and overcoming fragmentation in Connecticut's workforce system • Panelists include: o Miguel Cardona, former U.S. Secretary of Education o Willie Barber, Electric Boat o Kat Saunders, Economic Leadership R&D Tax Credit for Small Business • News conference highlighted efforts to expands Connecticut's R&D tax credit to pass-through entities • 6% credit helps small firms invest in innovation and jobs • Supports small business growth in Connecticut The CBIA BizCast is made possible through the generous support of Google. Subscribe to the BizCast wherever you get your podcasts. Please rate the podcast and leave us a review—we appreciate your support! And be sure to give us your feedback and share guests you'd like to hear from by emailing bizcast@cbia.com.

Thank you to Amicus: Search and Recruitment for Sponsoring this episode. To find your next Finance or Accounting Role, head to https://amicus.ie/ and tell them that we sent you!In this episode, I'm revisiting Research & Development (R&D) Tax Relief for Limited Companies in Ireland, because there's been a very welcome change - the credit has increased from 25% to 30%. Not a nuisance at all when you think about it!I walk through the key conditions companies need to meet to claim the R&D tax credit, including where the R&D must take place, the types of activities that qualify, and the deadline for submitting a claim. I also explain how the refund mechanism works over the three-year period, which is particularly helpful for companies that may be loss-making and looking for cash flow support.We also look at what types of costs qualify, including salaries, overheads, plant and machinery, and even buildings used for R&D — along with the important conditions and potential clawbacks to watch out for. Finally, I cover the rules around surrendering the R&D tax credit to key employees, including the eligibility conditions and the minimum effective tax rate requirement.What you'll hear in this Episode:Overview of the 30% R&D Tax Credit: The increase in the Research & Development tax credit from 25% to 30% and why this change is a positive development for qualifying limited companies in Ireland.Eligibility Conditions for Claiming R&D Relief: The key requirements companies must meet to claim the relief, including being within the charge to Irish corporation tax and carrying out qualifying R&D activities in Ireland, the EU, EEA, or the UK.How the R&D Tax Credit Is Refunded or Offset: The simplified repayment mechanism, explaining how companies can offset the credit against corporation tax or receive it in refundable instalments over a three-year period.Qualifying R&D Expenditure and Assets: The types of costs that qualify for the credit, including salaries, overheads, plant and machinery, and certain buildings used for R&D activities.Surrendering the R&D Tax Credit to Key Employees: How companies can pass part of the tax credit to key employees working in R&D and the strict conditions that must be met, including time spent on R&D and maintaining a minimum effective tax rate of 23%.Thank you for listening to Study For Tax in your Coffee Break! If you enjoyed the episode, make sure to leave a rating and review on your Podcast platform and share it with others to let them know you enjoyed the podcast.To improve your study for the ACCA ATX Exams this year, head to Paula Byrne's website to purchase the Tax Conditions - the Spoken Word for audio-based revision (updated for 2026).Thank you to Matthew Bliss for editing and production of this episode. If you'd like him to edit your podcast, send an email to business@mbpod.com or head to https://www.mbpod.com/.Mentioned in this episode:Get your Audio Revision for the 2026 ACCA Exams

It's tax season — which means farmers, ag business owners, and ag-tech founders are all asking the same question: Did I miss something?In this episode of the AgCulture Podcast, Paul sits down with Louie Pitman and Sid Speir from RK Partners to unpack one of the most overlooked financial tools in agriculture — the R&D Tax Credit. RK Partners helps companies across agriculture and ag-tech optimize this government incentive, which can return roughly $0.10 for every $1 spent on qualifying research and development activity.And that activity may be happening on your farm already.R&D in agriculture can include animal health and nutrition programs, feed trials, crop science, genetics, automation, process improvements, robotics, AI systems, and even sustainability initiatives. RK works with farms and ag-tech businesses across the U.S. — including dairy, poultry, swine, crop operations, and agricultural technology providers — helping them identify, document, and defend qualifying claims.If you're experimenting, improving, testing, or building — this conversation may apply to you more than you think.You can learn more about RK Partners at: https://www.rkpartners.comMEET THE GUESTSLouie PitmanLouie is a Partner at RK Partners, working closely with agricultural businesses across the United States to help them maximize federal and state tax credits. With over seven years of experience in tax credits and incentives, he supports family-owned farms, large livestock operations, ag-focused manufacturers, and agtech startups in identifying opportunities within the R&D credit framework.Connect with Louie on LinkedInSid SpeirSid is the Vice President at RK Partners, where he leads the firm's Agriculture division. He works closely with some of the largest livestock and crop operations across the United States, helping them navigate and maximize the federal R&D Tax Credit. With nearly a decade of experience in the R&D tax space, Sid specializes in identifying, documenting, and defending qualifying claims for agricultural businesses.Connect with Sid on LinkedInABOUT THE PODCASTDiscover the world of agriculture with the "Ag Culture Podcast".This podcast is a gateway for those passionate about agriculture to explore its global perspectives and innovative practices.Join Paul as he shares his experiences in the agricultural industry, his travels and encounters with important figures around the world.Available on YouTube, Spotify and Apple Podcasts.Subscribe at http://www.agculturepodcast.com and keep an eye out for future episodes, bringing insights and stories from the vibrant world of agriculture.00:00 – Why R&D tax credits matter for agriculture 02:05 – What R&D tax credits actually are 05:30 – The 4-part qualification test 09:00 – Practical dairy farm examples 12:05 – The George v. Commissioner case 14:30 – Paul's on-farm experience 16:00 – Documentation made simple 21:20 – Genetics & breeding as R&D 24:00 – AgTech & AI applications 27:00 – Payroll tax offset for startups 28:45 – How the credit reduces taxes 30:40 – The Big Beautiful Bill explained 32:30 – Audit risk & defensible claims 37:00 – What agriculture underestimates

K-38 Consulting, LLC has released a new how-to guide that shows businesses across all industries how to maximize R&D tax credits. Business owners investing in research and development can access the full guide at https://k38consulting.com/rd-tax-credit-guide/. K-38 Consulting City: Raleigh Address: 3809 La Costa Way Website: https://k38consulting.com/ Phone: +1 910 262 4412 Email: dalford@k38consulting.com

What if I told you the government owes you money – possibly tens of thousands, maybe hundreds of thousands of dollars – and all you have to do is ask for it back?I know - sounds like complete BS.That's exactly what I thought when my buddy Justin Maxwell told me about the R&D Tax Credit while I was speaking at an event. But he made me an offer I couldn't refuse: "Let me do all the work, show you exactly what you'll get back, and you don't pay me a dime unless you keep the money."Within a couple weeks, I had a fat check deposited directly into my bank account. Then more checks after that. Then we went backwards three years and got even more money back.And here's the kicker – this isn't some sketchy loophole. It's a legitimate government incentive designed specifically for business owners like you who are innovating, creating, building, and testing new things in your business.In this episode, Justin Maxwell from Big Life Financial breaks down exactly how the R&D Tax Credit works, who qualifies (spoiler: way more people than you think), and why your accountant probably has no idea this even exists for small businesses.If you're spending money on AI tools, developing new products, creating new systems, testing new technologies, or basically doing anything innovative in your business – you need to listen to this episode. Like, right now.KEY INSIGHTS & TAKEAWAYSWhy Nobody Knows About This (And Why Your Accountant Doesn't Either)From 1981 to 2015, the R&D Tax Credit was essentially only for Fortune 500 companies. That's why most accountants still think it's only for engineering firms and people in white lab coats. But the rules changed a decade ago, and small business owners can now tap into this incredible benefit – they just don't know it exists yet.The "Double Dip" That Sounds Illegal But Isn'tHere's where it gets insane: You already deduct your business expenses to lower your taxable income, right? Well, the R&D Tax Credit gives you an additional credit on top of that deduction for any money you spend on innovation, development, and qualified research activities. It's literally a dollar-for-dollar write-off of your tax bill – a credit, not just another deduction.You Can Go Backwards Three YearsThink about everything you spent money on in 2022, 2023, and 2024 developing new products, testing AI, creating new systems, hiring people to build things. You can amend your returns and get that money back. Mike got multiple direct deposits within weeks of filing.The July 2025 Game-ChangerPreviously, you had to depreciate the credit over five years. But the new bill passed on July 4th, 2025 changed everything – now you can take the full credit immediately for 2022, 2023, and 2024. Instead of waiting five years to get your money, you get it all at once. We're talking checks hitting your account in 3-6 weeks.Who Actually Qualifies (Probably You)If you're in tech, software, medicine, manufacturing, engineering, science, or any business where you're testing new technologies, creating new protocols, implementing AI, or developing new systems – you likely qualify. One of Justin's clients with just $450K in revenue got $5,000 back. Another with medical practices got $550,000. The range is anywhere from $2K to $500K+.Zero Risk, Zero Upfront CostJustin's team does all the research, all the work, and tells you exactly what you'll get back before you pay them anything. They only get paid when you get paid. And if the IRS somehow doesn't approve it or takes the money back, they refund everything. There's literally no risk.The Mindset Shift That Changes EverythingWhat Mike loves most about this isn't just the money – it's the permission it gives you to innovate without fear. When you know you'll get a tax credit back even if your experiment fails, you take bigger swings. You hire faster. You test more. You grow. Mike used his R&D credits to hire four new people and expand internationally.It's Not Just For "Lab Coat" BusinessesIf you're creating courses, building AI workflows, developing new client onboarding systems, testing marketing automation, or prototyping new tools with your team – that counts. The key is documentation: videos, transcripts, proof you paid people, proof you spent the money on qualified activities.TIME STAMPS[00:00:00] This Is Literally Free Money Mike introduces the R&D Tax Credit and why he was initially skeptical when Justin first told him about it.[00:01:39] Why This Credit Was Hidden From You Justin explains the history – how it was created in 1981 for big automakers and why small businesses didn't qualify until 2015.[00:03:14] The Practical Tactical: How The Double Dip Works Breaking down how you can deduct expenses AND get an additional tax credit on top of those same expenses.[00:06:08] Going Backwards In Time For Money How the 3-year lookback works and why Mike got multiple checks by amending past returns.[00:07:20] The July 4th, 2025 Game-Changer The new law that allows you to take the full credit immediately instead of depreciating over 5 years – and how to capture all that money right now.[00:09:04] Don't Self-Disqualify Justin's plea to business owners: stop putting yourself on the outside of the red velvet rope. Let an expert disqualify you, don't do it yourself.[00:11:18] Rethinking Your Business Through The Innovation Lens How working with Justin's team helps you see your business differently and classify activities you didn't realize counted as R&D.[00:13:49] The Permission To Innovate Why the R&D Credit is actually a government-backed de-risking mechanism that gives you permission to experiment and fail.[00:15:46] What Mike Did With His Money How Mike reinvested his R&D credits into marketing, AI tools, and hiring – growing instead of contracting during uncertain times.[00:17:19] The Timeline: How Fast The Money Arrives From filing to direct deposit – Justin breaks down the typical 3-6 week timeline and what to expect.[00:22:18] Real Numbers: $450K Revenue to $550K In Credits Justin shares actual case studies – from a small business getting $5K back to a medical practice owner receiving $390K net after fees.[00:25:27] The Final Offer: Zero Risk, 100% Guarantee Justin's complete breakdown of the risk-free structure – you only pay when you get paid and keep the money.If you've ever felt like the tax code is written by rich people for rich people, this episode will change your mind.The R&D Tax Credit was literally built for small and mid-market business owners who are innovating and taking risks. And if you haven't claimed it yet, you're leaving your money on the IRS's table for no reason.Go to capabilityamplifier.com/tax to schedule a no-obligation consultation with Justin's team and find out exactly how much you qualify for.Trust me on this one. I was skeptical too. Then I got the checks.– Mike

Originally uploaded September 5, reloaded Sept. 12th. Chris Holman welcomes back Randy Thelen, President & CEO of The Right Place, Grand Rapids, MI. Economic Development Leaders for Michigan Unveil Top 10 Priorities for Statewide Growth and Prosperity Economic Development Leaders for Michigan (EDLM), a coalition of the state's premier regional economic development organizations, recently announced a unified list of 10 priorities designed to position Michigan for long-term growth, innovation, and prosperity. Representing regions that comprise 79% of the state's population and 84% of its gross domestic product, EDLM brings together leaders with over 225 years of combined experience in economic development. The coalition is committed to advancing strategies that will drive business investment, talent development, community revitalization, and innovation across the state. “A competitive economic development toolbox locally impacts all elements of a community — from small businesses, startups, and entrepreneurs, to placemaking projects like farmers markets, and to successfully attracting brand-new investment and good jobs. The better funded and more robust our state economic development toolbox and programs are, the more revenue we will generate for the state, supporting the quality services we all want,” said Bob Trezise, President and CEO of the Lansing Economic Area Partnership (LEAP). The Top 10 Economic Development Priorities outlined by EDLM include targeted investments and policy reforms across four key categories: Business Attraction and Retention Maintain Business Development Program at $100 million to stay competitive for job-creating investments. Adopt a performance-based, accountable withholding tax incentive to support impactful project attraction and expansion. Community Development Renew and fund the Revitalization and Placemaking (RAP) Program at $50 million to support vibrant, place-based development. Renew and fund the Community Revitalization Program (CRP) at $50 million to reinvest in communities across Michigan. Modernize locally driven programs: SmartZone: Extend expiring TIF agreements by 15 years, with potential for additional extensions based on local approval. Transformational Brownfield Program: Simplify program access and remove funding caps to unlock more redevelopment opportunities. Fund the Regional Strategic Site Readiness Program at $50 million annually to accelerate development of competitive, investment-ready sites. Talent Maintain the Going PRO Talent Fund, emphasizing growth in advanced manufacturing and technology sectors. Establish a $10 million Regional Talent Attraction and Retention Fund to support locally tailored workforce initiatives. Innovation & Entrepreneurship Double the state's R&D Tax Credit to $200 million to encourage more private-sector innovation. Recommit to regionally led Entrepreneurship and Innovation Programming at $100 million, restoring funding to 2012 levels (currently $15.7 million). “This list reflects our shared vision for a stronger, more competitive Michigan," said Randy Thelen, President and CEO of the Right Place and current Chair of EDLM. “These are the smart, bold investments we believe will create economic momentum, attract and retain talent, and ensure every region of our state can thrive.” EDLM members urge state policymakers, business leaders, and stakeholders across Michigan to support and champion these initiatives as part of a collaborative strategy to secure Michigan's future economic success.

The 2025 R&D Tax Credit now qualifies more businesses beyond tech, with 14-20% of R&D expenses eligible for dollar-for-dollar tax reduction. Even without a formal R&D department, systematic problem-solving activities can qualify. Read more at https://federaltaxcredits.org/r-and-d/ Federal Tax Credits ORG City: La Center Address: 1315 W E Pl. Website: https://federaltaxcredits.org/

Did you know 93% of small business owners overpay their taxes every single year? In this eye-opening Wisdom to Wealth episode, Dr. Drew Stevens reveals exactly why so many smart, hardworking entrepreneurs fall into the tax trap — and how you can legally break free. Most CPAs do a great job filing last year's numbers but miss opportunities buried deep in the 75,000+ page U.S. tax code. From overlooked credits like the R&D Tax Credit and the Work Opportunity Tax Credit to underused deductions under Section 199A, money is left on the table year after year. Learn why passive owners lose an average of $11,000–$35,000 annually and how strategic, year-round tax planning turns taxes from an expense into a profit center. Drew explains how to pick the right business entity, time purchases smartly, and design tax-saving retirement plans. Stop funding the IRS more than you owe — start putting those dollars back into your business, your family, and your legacy. Tune in on Podbean, Apple Podcasts, and Spotify, and visit www.wisdomtowealth.com for details on Drew's upcoming tax and retirement seminars. Your wisdom is your wealth — protect it today!   #TaxStrategy #SmallBusinessOwner #WisdomToWealth #KeepMoreMoney

This is Part 2 of Stephanie's conversation with Maura Ginty - make sure to listen to Part 1 if you missed it!There are tons of tax benefits for startup founders in Ireland when they approach building their business in the right way, especially if you're investing!This week we're back for Part 2 of my conversation with Maura Ginty of Gintax, a tax specialist with years of experience advising startups, entrepreneurs, and growing businesses.In this episode, we discuss the key tax reliefs and strategies that startup founders, investors, and business owners need to know, how to structure investments through a company and the tax implications that come with it, employee share schemes, and Maura shares her insights on where the Irish tax system could improve to better support founders and startups. Main Topics Discussed in this Episode:R&D Tax Credit – how it works and why documentation is keyEIIS tax relief – benefits, risks, and why companies need to be cautiousInvesting through a company – tax pitfalls to avoidEmployee share schemes – comparing options and understanding tax implicationsWhere the Irish tax system could improve for startups and foundersContact Maura GintyEmail: maura@gintax.ieWebsite: https://www.gintax.ie *****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Check out ExpatTaxes.ie to get your Tax sorted!

Let us know if you enjoyed this episodeIn this episode, we review an R&D tax credit business in Idaho for sale at $6.5 million with Andrew Gazdecki from acquire.com as a special guest. The business makes $3 million profit each year. We discuss how it makes money, possible risks, and how to finance the purchase. Everyone thinks it's a good buy because of its high profit and low cost. Tune in and enjoyCheck out the listing hereThanks to this episode's sponsor:Acquisition Lab and their team have been longtime supporters of the pod.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com and mention us ;)Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Let us know if you enjoyed this episodeIn this episode, we review an R&D tax credit business in Idaho for sale at $6.5 million with Andrew Gazdecki from acquire.com as a special guest. The business makes $3 million profit each year. We discuss how it makes money, possible risks, and how to finance the purchase. Everyone thinks it's a good buy because of its high profit and low cost. Tune in and enjoyCheck out the listing hereThanks to this episode's sponsor:Acquisition Lab and their team have been longtime supporters of the pod.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com and mention us ;)Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Dive into an inspiring journey of resilience, innovation, and success in the world of tax advisory and entrepreneurship. This episode showcases the remarkable story of a visionary who Join us as we explore the remarkable journey of Uri Carrazco, Founder and CEO of Carrazco - Innovative Tax Solutions, who transformed his early challenges into a groundbreaking career in the tax advisory sector. This episode unveils Uri's path from his humble beginnings to becoming a leading authority on maximizing tax credits and incentives for businesses across the spectrum. Discover in-depth insights into navigating complex tax programs like the Employee Retention Credit (ERC) and the Research & Development (R&D) Tax Credit, and learn how Uri's strategic approach has saved millions for companies nationwide. Perfect for aspiring entrepreneurs, established business leaders, and anyone interested in the dynamic interplay between finance and innovation, this dialogue is packed with invaluable lessons on resilience, strategic tax planning, and achieving excellence in the tax advisory field. Tune in for an empowering session that charts Uri Carrazco's inspiring journey and provides the tools to master the intricacies of tax credits, fueling your business's growth and innovation. ________________________________________________________________ If this episode inspires you to be part of the movement, and you believe, like me, that entrepreneurs are the answer to our future, message me so we can join forces to support building truly great companies in our region.  - Subscribe to my channel here: https://www.youtube.com/channel/UCom_​...  -   Mark Haney is a serial entrepreneur that has experience growing companies worth hundreds of millions of dollars. He is currently the CEO and founder of HaneyBiz  -   Instagram: http://instagram.com/themarkhaney​  Facebook: www.facebook.com/themarkhaney  LinkedIn: https://www.linkedin.com/in/markehaney​  Website: http://haneybiz.com​  Audio Boom: https://audioboom.com/channels/5005273​   Twitter: http://twitter.com/themarkhaney - This video includes personal knowledge, experiences, and opinions about Angel Investing by seasoned angel investors.  This content is for informational purposes only and should not be construed as legal, tax, investment, or financial advice.  Nothing in this video constitutes a solicitation, recommendation, or endorsement. #thebackyardadvantage #themarkhaneyshow #entrepreneur  #PowerOfWith #SacramentoEntrepreneur #Sacramento #SacramentoSmallBusiness #SmallBusiness #GrowthFactory #Investor #Podcast

In 2017, Congress, in an effort to fund the Tax Cuts and Jobs Act, implemented a provision that hinders companies from fully counting R&D costs, including payroll, as legitimate expenses. Instead, they mandated the amortization of these expenses over five years. This change, effective from tax year 2022, resulted in a substantial increase in federal tax liabilities for many businesses. Because the implementation of this bill wasn't set to go into effect until five years later, many business leaders failed to notice the change and were caught flat-footed with enormous increases in their 2022 tax liabilities.  More alarmingly, the impact of this change on America's economy has been profound.  According to a National Association of Manufacturers' review of data from the Bureau of Economic Analysis, American R&D spending fell from a five-year average growth rate of 6.6 percent to just 1 percent after the new provisions were implemented in 2022.  Jonathan Forman of Global Tax Management addressed a standing-room-only crowd about the business-crushing implications of not fixing this part of the tax code. Jonathan stepped up to the One Mic Stand to give us a synopsis of the situation and insight to a proposed remedy.  Get more insight and contact your elected officials here.

The R&D Tax Credit and other Tax Advantages for Small Firm ArchitectsJoin us as Stacy Deru, a seasoned business consultant from Engineered Tax Services, unravels the intricacies of tax advantages for small firm architects. Stacy delves into the R&D tax credit, sharing examples within architecture and stressing the importance of documentation. With over 20 years of experience, she discusses tax mitigation, estate planning, and strategic consulting, offering valuable insights for architects navigating the tax landscape.In this episode, Stacy encourages architects to think creatively, differentiating themselves by promoting additional services. Stacy also highlights energy incentives and financial opportunities architects can leverage to help clients save money. Don't miss this chance to elevate your financial strategy and gain a competitive edge.This week at EntreArchitect Podcast, The R&D Tax Credit and other Tax Advantages for Small Firm Architects with Stacy Deru.Connect with Stacy online at Engineered Tax Services, and find her on LinkedIn.Please visit Our Platform SponsorsGo to https://betterhelp.com/architect for 10% off your first month of therapy with BetterHelp and get matched with a therapist who will listen and help. Thank you to our sponsor BetterHelp for supporting our community of small firm entrepreneur architects.ARCAT.com is much more than a product catalog, with CAD, BIM, and specifications created in collaboration with manufacturers. ARCAT.com also offers LEED data, continuing education resources, newsletters, and the Detailed podcast. Visit https://ARCAT.com to learn more.Visit our Platform Sponsors today and thank them for supporting YOU... The EntreArchitect Community of small firm architects.

In this episode, join our experts as they unravel the dynamic landscape of the Private Equity industry and offer insights into the latest tax strategies. Our host is joined by three of the firm's Private Equity Industry experts, Floyd Holliman, CPA, David Legrand, CPA, and Adam West, CPA, to concisely explore topics that impact returns and portfolio holdings, from navigating regulatory changes to planning techniques for businesses.In this Episode, you'll hear:Discussion regarding the Tax Cuts and Jobs Act and how it will affect businesses in the upcoming tax season Planning strategies to help businesses with inventory mitigate the loss of depreciation and amortization Details regarding the changes Section 174 of the tax code and how it affects R&D expensesAdvice about ERTC and how to make sure your business has proper documentationThis episode reflects our views at the time it was recorded.Resources for additional information:Blog: Eight Private Equity Trends to Expect in 2023 (And How to Respond to Them)Blog: A Business's Guide to R&D Expense Capitalization and Amortization ChangesBlog: 6 Tax Planning Items Ever Business Should Consider in Year-End Tax PlanningBlog: Significant Changes To How Your Company Accounts for R&D CostsBlog: 5 Ways a Company Can Use the R&D Tax Credit

The R&D Tax Credit still exists, and it might be able to help you offset the Section 174 changes. Michele talks to R&D Tax Credit expert Jonathan Cardella of Strike Tax Advisory to learn more. Learn more: What is the R&D Tax Credit? IRS R&D Tax Credit rules Please note: This podcast is for informational purposes only and is not tax advice. Talk to your tax preparer for advice about your specific situation. 

Welcome to a very special bonus episode of What The Tech from Boast AI!Today, Boast AI's own Curtis Griffith and Joshua Martin address the most commonly asked questions about R&D tax credits. From determining eligibility to mastering documentation techniques, they'll guide you through all the crucial aspects that matter to your business. This conversation was originally featured as part of Boast AI's weekly InnovatorsLive series on LinkedIn.I hope you enjoy the show and stay tuned for next week's regularly scheduled episode of What The Tech featuring innovators from across North America's tech ecosystem!Boast AI accelerates the success of innovative businesses globally with software that integrates financial, payroll, and engineering data into a single platform of R&D intelligence. Visit Boast.ai, sign up for our Blog newsletter and follow us on LinkedIn for weekly #InnovatorsLive sessions and the latest news to fuel your growth. Intro and Outro music provided by Dennis Ma whose mixes you can find on Soundcloud at DJ DennyDex.

Here's a breakdown answering the question, “Is the R&D Tax Credit Worth It?” Enjoy! So here are the links I mentioned in this video:

Here's an overview of R&D Tax Credits for Startups. Enjoy! So here are the links I mentioned in this video:

R_D Tax Credit Thank you for listening to another episode of Wealth Game podcast. The goal is to get informal yet actionable advice directly to business owners and investors. The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes. For topic suggestions, questions to cover, or collaboration requests please email questions@wealthgamepodcast.com. For additional information and links to all available platforms please visit our website at www.wealthgamepodcast.com

Here's an overview on How to Claim the R&D Tax Credit. Enjoy! So here are the links I mentioned in this video:

A recent webinar created confusion about the definition of ‘experimentation' within the federal tax laws relating to research and development tax credits for physicians. Expert agency TaxRx Group clarifies in a new report. Go to https://www.taxrxgroup.com/the-rd-tax-credit-experimentation/ for more information! TaxRx Group 390 East Center Street, Provo, UT 84606, United States Website https://www.taxrxgroup.com/ Phone +1-801-477-7525 Email megan@taxrxgroup.com

The R&D credit allows businesses to claim a tax credit for qualifying research and development expenses, including wages, supplies, and contract research costs. It was created to incentivize businesses to invest in innovation and technological advancement in the United States, and it can provide a significant cash infusion for future development.The R&D tax credit was introduced in 1981 as a temporary measure to encourage innovation and investment. Since then, it has been extended and modified several times and was made a permanent tax credit in 2018. How has the R&D tax credit changed since its inception and what does the future hold for this incentive?On today's episode of Weaver's On the Shop Floor podcast, hosts Colby Horn and Jody Allred, speak with Nancy Imholte, Director of R&D Tax Credit Services and Kurtis Dixon, Partner-Tax Services, to talk about the rules and regulations surrounding the R&D tax credit.The topics include:1. Compliance tips for businesses regarding the R&D tax credit2. Recent changes to the R&D tax credit from the IRS3. IRS audits of R&D tax credit claims"Research and Development(R&D) credits are a federal incentive to encourage companies to develop R&D in their companies and increase their spending year over year. It can be a nice cash flow incentive for companies,” said Imholte.Nancy Imholte has more than 20 years of experience in public accounts and leads research and development (R&D) tax credit services for Weaver. The R&D team services multiple industries including companies focused on manufacturing and distribution, oil & gas support services, software development, biotech, and many more. Nancy also provides tax compliance, planning and consulting services to small business and individuals.Kurtis Dixon has more than 15 years of experience in public accounting and focuses on providing tax compliance, planning and consulting services to Corporations, S Corporations, Partnerships and individuals. Kurtis also has experience with preparation and review of income tax provisions.

As Founder and President of MASSIE R&D Tax Credits, Jason is responsible for the quality, consistency, and integrity of our tax credit service offerings. He heads the Delivery Team at MASSIE and leads all Architecture and Controversy Phases for clients across the United States. He received a B.S. in Accounting from Christian Brothers University and a law degree from the University of Memphis. He was first introduced to R&D Tax Credits at a Big 6 accounting firm in Washington, D.C. Over the next few years; he led Big 4 and law firm practices in managing many types of federal and state tax planning, credits, incentives, and other cash flow strategies. He is widely recognized as an expert by his peers in the R&D Tax Credit and R&D Expenditure areas, with frequent speaking and writing engagements. Here are some of the beneficial topics covered on this week's show: What R and D credits are and aren't. How do you use technology to improve the process? An example of how to leverage technology to help with taxes. The passage of the Tax Cuts and Jobs Act (TCJA) made the research credit permanent in the tax code and made it even more attractive. The increased interest in r&d tax credit has overwhelmed the IRS, struggling to keep up with the number of tax returns with r&d claims. The IRS wants to change the form for refund claims and make taxpayers provide more information. Connect with Gary: Website: sbadvisors.cc/ Facebook: facebook.com/SmallBusinessAdvisors LinkedIn: linkedin.com/in/gary-d-heldt-jr-388a051/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Tax season is here, and for businesses, most of our taxes are due very soon. Do you have any questions as you prepare to file? Whether you work with an accountant or file taxes yourself, this episode is for you. I put together a panel of finance experts to discuss common accounting mistakes. We discuss:The biggest accounting mistakes CPG brands make.The R&D Tax Credit and how it applies to CPG Brands.When to hire a salaried employee vs. an independent contractor.Panelists:Eric Sonsino, CPA - myPocketCFOJarrett Warner, CPA - Sensiba San FilippoAusten Legler - TaxTakerStartup to Scale is a podcast by Foodbevy, an online community to connect emerging food, beverage, and CPG founders to great resources and partners to grow their business. Visit us at Foodbevy.com to learn about becoming a member or an industry partner today.

This is a special edition of the podcast covering the US R&D tax credit. I invited Tyler Kem, President of Strike Tax Advisory, to discuss the latest on this tax credit. There were big changes to section 174 of the tax law affecting small businesses that claimed this credit in the past. No repeal of these changes is in sight, so we must understand where we stand today. To understand your tax situation, reach out to your CPA, tax accountant, and/or R&D tax specialist. Tyler Kem's LinkedIn: https://www.linkedin.com/in/tylerkem/ Tyler's email: tyler@striketax.com

On August 16, 2022, President Biden signed the bipartisan Inflation Reduction Act (“IRA”) of 2022 into law. The bill includes sweeping legislation to create more incentives for green energy production, storage, and use through federal income tax credits and deductions. The IRA allows government and not for profit entities to cash in on certain credits, and it increases the payroll tax offset election for start-up companies.Brooks Nelson and Sarah McGregor are joined by Ron Wainwright, Partner in our Tax Credits and Incentives practice, to dive deep into the tax implications that are included in the IRA. This podcast covered the various tax credits, new and enhanced, for commercial vehicles, monetizing credits, research and development (“R&D”) for start-up companies, and much more.Extending existing creditsIntroducing a few new creditsCommercial vehicle credits Enhancements and bonuses Tax Exempt Entities can monetize creditsR&D tax credit for start-up companiesRaising and collecting tax revenues Related Guidance:Inflation Reduction Act Doubles R&D Tax Credit to Offset Payroll Taxes for Start-Up BusinessesInflation Reduction Act Nearly Triples Section 179D Tax IncentivesHow Can A&E Firms Take Advantage of New Tax Credits in the Inflation Reduction Act?

The R&D Tax Credit is a valuable tool for HVAC business owners. In this podcast, you'll learn how to take advantage of the R&D tax credit and recover tens of thousands in overpaid taxes. Robert is National Account Manager for Business Group Resources, a specialty accounting firm. He brings to his work a long and successful career as a small business owner, trainer and speaker, and consultant to small and mid-size businesses in the areas of marketing, operations, and organization. Email: robertbcurtiss@businessgroupresources.com Website: https://robertbcurtiss.businessgroupresources.com/ Linkedin: https://www.linkedin.com/in/robertcurtiss We'll be discussing: - What is the R&D Tax Credit? - What kinds of businesses are eligible for the tax credit? - I thought it was only for companies who invent something new...Why haven't I heard about this before? Why didn't my CPA tell me about it? - Aren't R&D Tax Credits too complicated and expensive to get? ...and more! Tune in to learn more :) Join our FB Group: www.facebook.com/groups/hvacfinancialfreedom/ Presented By Polianna (https://polianna.net/)

Michael Girdley (@Girdley) is joined by Jay Vasantharajah (@jayvasdigital) to talk about money as a taboo in the tech space, pricing power & how it affects business; the “Top Talent” contradiction, hiring overseas, Businesses being alive through systems, Twitter, and much more! Jay is a great thinker and even a better person, hope you enjoy this one. ----- * Do you love The Michael Girdley Show and want to see our smiling faces? Subscribe to our Youtube channel. * Do you enjoy our content? Rate our show! * Follow us on Twitter @GirdleyShow Find success in small business investing and entrepreneurship. ----- Show Notes: 0:00 Intro 1:07 Is Money a Taboo in the tech space? 12:44 The Top Talent contradiction: how can every company have the “top talent” in the market? 15:03 What differentiates a good business from a great one? 22:13 What is the power of systems? How do they save you money? [Clip] 25:12 What is precipitating the process-driven, systems approach in the software industry? 28:52 Off-shore labor: How do we think about it? 43:59 Canada's R&D Tax Credit vs America's one 46:59 Pricing Power: Can you raise prices? What does it tell about a business? [Clip] 50:14 How do you build a skill to identify pricing power? 56:54 Let's discuss Twitter: Why do we love it? Where is the value? What would we do as CEOs?! 1:04:04 What's your take on monetizing your Twitter account? Did you like this episode? Leave us your feedback in the comments! ----- Links: * https://jayvas.com/ ----- Past guests on The Michael Girdley Show include Jesse Tinsley, Rob LaBonne, Matthew Weidert, Craig Fuller, Sam Bacon, Cayse Llorens, and more. ----- Additional episodes you might enjoy: #24 The recruiter of choice: How JobMobz helps Silicon Valley companies grow so quickly - The Michael Girdley Show e24 #19 Grocery Store Chain Business - Rob LaBonne of Labonne's Markets - The Michael Girdley Show e19 #13 The Hard Money Lending Business - Matthew Weidert of Longleaf Lending - The Michael Girdley Show e13

Employee Retention Tax Credit (ERTC) and R&D Credit. This week Hunt discusses some tax credits that are being pushed to business owners recently. • What is the ERTC and do I qualify for it? • How do I know if I qualify and are there different things to look at with this credit? • What is the R&D Tax Credit? • What kinds of things do I need to be doing in order to qualify for this credit? The Show is sponsored by: Shop-Ware on the web at https://getshopware.com (getshopware.com) NAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.com (repairshopoftomorrow.com) Hunt Demarest, CPA Paar Melis and Associates – Accountants Specializing in Automotive Repair Visit us Online : http://www.paarmelis.com/ (www.paarmelis.com) Email Hunt: podcast@paarmelis.com Get a copy of my Book :https://paarmelis.com/your-perfect-shop-book-download/ ( Download Here)

Employee Retention Tax Credit (ERTC) and R&D Credit. This week Hunt discusses some tax credits that are being pushed to business owners recently. • What is the ERTC and do I qualify for it? • How do I know if I qualify and are there different things to look at with this credit? • What is the R&D Tax Credit? • What kinds of things do I need to be doing in order to qualify for this credit? The Show is sponsored by: Shop-Ware on the web at https://getshopware.com (getshopware.com) NAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.com (repairshopoftomorrow.com) Hunt Demarest, CPA Paar Melis and Associates – Accountants Specializing in Automotive Repair Visit us Online : http://www.paarmelis.com/ (www.paarmelis.com) Email Hunt: podcast@paarmelis.com Get a copy of my Book :https://paarmelis.com/your-perfect-shop-book-download/ ( Download Here)

Many professional healthcare practices are unaware of the existence of Research and Development (R&D) tax credits or how to claim them. Is your practice eligible? How do you claim them? Does your accountant even know what they are or how to apply for the credit? Host Ericka Adler, Roetzel Health Law practice group leader is joined by guest Brad Burch, Regional Vice President of Business Group Resources, for an in-depth discussion on the R&D tax credit. Their discussion focuses on how practices may qualify and take advantage of this potentially lucrative incentive. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen/

This episode of the Passage to Profit Show features Gene Sower from Samson Media, Paul Volen from Website Closers, Adonica Shaw from Wingwomen and Brent Johnson from Clarus R+D. Gene Sower & Paul Volen are sharing the featured guest speaker spot in this episode to discuss selling a business. Gene Sower is the President of Samson Media, a web design and Internet marketing company, serving small and medium-sized businesses since 2006. Services include website design, search engine marketing, SEO, social media, content marketing, email marketing and more. Paul Volen is a Business Broker and Advisor with Website Closers, a full-service brokerage service. Website Closers represents sellers of online businesses (eCommerce, Amazon, etc.) and acts as the negotiator, allowing businesses to get the best price and terms when buying or selling a business. Paul worked with Gene to sell Samson Media, and created a consulting arrangement with buyer so that Gene can still work for Samson Media as a consultant and while maintaining his title of being the President of the company. Read more at: https://samsonmedia.net/ and at https://www.websiteclosers.com Visit the Entrepreneur Presenters for February 20, 2022 at their Websites:Adonica Shaw is an author, speaker, trainer, women's health and wellness advocate and founder of Wingwomen, a health-focused social media network for women. The platform is currently in Beta, but provide access to peer support, advocates, health coaches, and concierge medical professionals through our private social media platform and easy-to-use directory. The Wingwomen platform provides access to individuals and professionals who are interested in providing potentially life-saving information to its users in an effort to improve women’s wellness outcomes. Read more at: https://www.mywingwomen.comBrent Johnson is the Co-Founder of Clarus R+D, a technology-driven solution for claiming the R&D tax credit through a combination of software and experts. The R&D Tax Credit stands for the Research and Experimentation (R&E) tax credit - a federal benefit that provides companies dollar-for-dollar cash savings for performing activities related to the development, design, or improvement of products, processes, formulas, or software. Businesses often understate their credit or overpay for their study but Clarus makes it easy for companies to maximize their benefit and reduce overall cost. Read more at: https://clarusrd.com Visit https://passagetoprofitshow.com/ for the latest updates and episodes.

On this episode of the Raving Patients Podcast, Len sits down with Ben Dyches to discuss how the R&D tax credit provides a direct and potentially significant benefit to dental practices and dental practice owners. Most dentists are already doing things that satisfy the requirements to take this credit, but, as with all things tax-related, it's important to understand the fine print.    Dr. Benjamin Dyches is the founder of Dr. Tax Credit, LLC. He studied microbiology and chemistry as an undergraduate before heading to dental school. Ben built multiple practices and worked with thousands of satisfied patients for over a decade. After selling his practices, he attended law school, with a focus on business law, healthcare law, and alternative dispute resolution. He is admitted to practice law in Utah and Nevada. ​Ben's background in science, hands-on patient care, business experience, and legal expertise make him a powerful and passionate advocate for healthcare and healthcare providers. He maintains a private law practice called Aegis Lion and resides in Utah with his family.

Dr. Lisa Faast reviews tax tips and strategies for pharmacy owners that will help you keep more net income in your pocket. **Disclaimer** I am not an accountant or tax professional. This podcast is not giving tax advice; please run all of these recommendations and strategies by your preferred tax professional. This is, however, wisdom that I have learned along my journey as a serial entrepreneur.* **Show Notes:** 1. **R&D Tax Credit** [1:28] 2. **Disabled Access Tax Credit** [3:29] 3. **Changes in 2018 Tax Law Regarding Inventory** [4:56] 4. **Employ Your Children** [6:40] 5. **Vehicle Purchase** [8:06] 6. **Pre-fund Employee Benefits** [9:22] 7. **Pre-pay Business Expenses** [10:02] 8. **Short Term Rental of Your House** [10:43] 9. **Invest or Buy Property** [12:41] Becoming A Pharmacy Badass is hosted by Dr. Lisa Faast, CEO of DiversifyRx. We are proud to be a part of the Pharmacy Podcast Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us as CountingWorks PRO Founder/CEO Lee Reams II and Patrick Shelley with Herowood dive into R&D Tax Credits and Patrick's background in the industry. The Research and Development (R&D) Tax Credit remains to be one of the best opportunities for businesses to substantially reduce their tax liability which is why in this episode emphasize why CPAs, EAs, and tax professionals should care about the R & D tax credit and more. Get in touch with R & D experts and learn more here. 

We know you love our expert coverage of the transfer pricing landscape, but did you know we bring that same level of informative analysis to the world of research and development tax incentives? On The Fiona Show: R&D Tax Credit, we—along with leading tax experts—explore how these incentives reward companies for innovation, fuel economic growth, and lead to paradigm-shifting discoveries across industries. If you don't know R&D tax incentives, you may be part of the tragic majority leaving money on the table. Explore the back catalog of The Fiona Show: R&D Tax Credit to level up your tax knowledge, and subscribe to stay ahead on the latest in global innovation and the tax incentives that very likely come with it. CrossBorder Solutions

In this episode, Sarry is joined by Randy Crabtree, CPA, with 30 years of experience in public accounting and tax consulting. He worked closely with top company executives on tax planning and preparation engagements. Before co-founding Tri-merit, He was a managing partner of a certified public accounting firm. He handles tax consulting activities in a wide variety of industries. He loves to speak at webinars and make presentations on numerous accounting conferences focusing on the R&D tax credit, Cost Segregation Studies, and Employee Retention Credits. Also, he had several articles published related to the subject. Randy hosts an accounting industry podcast called the Unique CPA. This episode talks about: In-depth explanation and understanding of R&D Credits. How industry can qualify and maximize the R&D Credits. Importance of documentation in supporting the claim and application of a tax credit. What are the benefits of this program? Difference of credit and deduction from the standpoint of taxation. Opportunities and qualifications for taxpayers and business owners under the ERC and PPP program. Significance and consideration of correct analysis and calculations of refundable credit and its impact on businesses. To connect with Randy Crabtree, please visit: Podcast The Unique CPA Facebook https://www.facebook.com/TriMerit/ Email Info@tri-merit.com Company Website www.tri-merit.com Contact information : 800.624.1076 To learn more about Infinite Banking, please reach out to us at https://finassetprotection.com/ You can also schedule a free call with us here: https://calendly.com/financialservicesins

Learn Business Growth StrategiesR&D For You and Me – The R&D Tax Credit and Why You Should Care About it. Guest: Tyler Kem Co-Founder & Vice President of Strike R&D Tax Advisory, tax consultant, and entrepreneurWho is Tyler Kem?Tyler Kem is a tax consultant and an entrepreneur. He is the Co-Founder and Vice President of Strike R&D Tax Advisory,What is Strike R&D Tax Advisory?Strike R&D Tax Advisory is a consulting firm that helps customers gain insight into the world of R&D tax law and aids in re-fueling their innovation. R&D Tax CreditR&D Tax Credit is “a permanent federal tax credit in 2015, as part of the Path Act, which is really what opened up an immense amount of opportunities for startups, specifically, but also allowed for many other industries to start claiming that tax credit.”The qualifications are very broad, with a basic rule of thumb: everything fundamentally relies on hard science. This applies to:Computer scienceEngineeringBiologyPhysicsChemistry So if you're a company in these industries, you probably qualify.TechnologyEngineeringFood & BeverageConsumer GoodsAnd tons moreThe R&D Tax Credit is a U.S. labor-based incentive. Instead of outsourcing, you can qualify if you keep your labor inside the U.S., which comes with paying higher wages. Starting the Process Many people who qualify for the R&D Tax Credit aren't willing to pay the upfront fees, the retainers, and the monthly billings to claim the credits. And some companies are 10, 20, 30, even $40,000 out of pocket before they even know the size of the credits they're going to be getting. How Strike Can HelpSo Tyler's company Strike does a few things that make the process a whole lot easier:Aligned their interests with the interests of the client from day 1No out of pocket costsNo retainersNo monthly billing OR fixed feesSuccess based fee structure (so they don't get paid until the company is able to use their credits)Offer unlimited audit support (in terms of hours… So if something gets challenged, they've got your back)They EVEN give a fee guarantee on their claims, so if the IRS decides to claw back on 10% of the credits, 10% of their fees go back to the client.If you want to go back in time and apply for these benefits before becoming aware of this credit, you can! The federal statute of limitations is three years from the filing date, so you can go back to the 2018 tax credits and see what cash refunds you have waiting for you!How Does the R&D Tax Credit and the R&D Tax Provisioning Play into Financial Audits?There are a few steps:The Document Gathering PhaseThe Calculation ProcessThe Deep Dive PhaseDuring the first phase, they can gather all of the financial documents; then they work with the business owners and software developers during the second phase. Then they can really understand their systems and find a nexus in between the expenses. Strike's job is to work FOR the company; they're not working for Strike!If this doesn't apply to you, tons of deductions and credits could be available to you in your own personal tax return, so don't miss out.Want To Learn More, about Strike and Tyler Kem?You can reach Strike directly at striketax.com, you can also email him directly at Tyler@striketax.com, or you can call the number on the website and speak to one of the people

What is the Research and Development Tax Credit? Is your small business doing research or some other type of activity that would qualify for this tax credit? What types of businesses are eligible to claim the credit? We will discuss these questions and much more, including what the Research & Development Tax Incentive is, the background, what activities qualify, and the best industries to qualify. If you missed taking this credit, we will discuss the necessary steps to apply for the credit for open tax years. The R & D tax incentive is underutilized by small business. We will help you to use this power strategy to create a legacy of wealth.

Building Enclosure's Editor, Lindsay Lewis, recently sat down with BRAYN Consulting LLC's Brady Bryan and Kevin Sullivan to discuss their upcoming AIA-approved webinar with The Energy Management Association. The webinar, “The Triple Play” – Tax Incentives for Energy Efficient Designers, will examine specialty tax incentives such as the R&D Tax Credit, 45L Tax Credit and the 179D Deduction.

Al Lenac, founding member of Manufacture Results LLC, joins the show to talk about the State and Federal Research & Development Tax Credit.

It wasn't available to you. Now, it might be. This was the amount. Now, the amount is different for a different year.Here's the eligibility criteria. Now, here's some new criteria too.What sounds like a befuddling riddle is actually a description of The Employee Retention Tax Credit (ERTC). It's changed a lot in the last few months. Now, organizations who have PPP loans are able to qualify for this tax credit too. New guidelines have been established for how to claim the credit in 2020 and 2021. The extension and expansion rules have evolved. So if your company is looking to take advantage of the ERTC, how can you make sense of the tax credit in a way that leads to claiming dollars for your business instead of scratching your head?In this episode, ERTC advisor Cristy Andrews, CPA, CGMA explains the points of interest for this tax credit, while special guest Tim Gothard, Executive Director of the Alabama Wildlife Federation, shares the story and perspective of an organization that has utilized—and benefitted from—the ERTC.  After listening to this episode, you'll be able to:Know the amount of the ERTC available per employee (despite common misconceptions)Understand how a refundable tax credit benefits organizations Recognize how laws have changed from prohibiting some organizations from claiming the ERTC to allowing them to claim the ERTCUnderstand the basics of eligibility for 2020 and 2021—and how they are differentKnow the two different ways your organization can qualify for the ERTCResources Mentioned in this Episode:Alabama Wildlife Federation WebsiteCOVID-19 Resource PageForm to Ask a Warren Averett Advisor for ERTC HelpAdditional Resources for Continued Learning:Blog Post and Infographic: Employee Retention Tax Credit (ERTC) [What Companies Should Know]Blog Post: Two Ways to Leverage the R&D Tax Credit in Light of the CARES ActTax Alert: New Stimulus Package Includes Several Tax Changes and Provisions

Come learn how you can use the R&D Tax Credit to recover tax overpayments, get back the money you deserve, and increase the value of your dental practice. You can connect with Robert Curtiss on LinkedIn - look for Robert with the green checkmark at the end of his name. Or you can check him out at https://robertbcurtiss.businessgroupresources.com/ (Curtiss has 2 s)  

Quote“This applies to more agencies than not, and if you don't ask you are not going to receive.” - Dave Danic  The finer details of this episode The four parts of qualifying for the R&D tax creditWhat if you are a Canadian-based company with USA operations? Things that might exclude you from the tax credit Extra steps you can take to make sure you get the credit How to find a tax accountant who can help you qualify for the R&D credit The amount of money you could save with the R&D credit  Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions/comments- vcfo@summitcpa.net

This episode is part of the small business finance series I am working on. So what is the history of the R&D credit? What is it? Learn all that today! Justin's Website: https://www.biglifefinancial.com/researchcredits Music Credit: The Purple Planet --- Send in a voice message: https://anchor.fm/thefruglife/message Support this podcast: https://anchor.fm/thefruglife/support