Tag Archives: r&d tax credit

selecting R&D Tax Credit Specialists

Selecting R&D Tax Credit Specialists: 7 Key Questions

R&D tax credits are among the most potentially lucrative tax incentives available today for companies developing new products and enhancing manufacturing processes. For qualifying start-ups and more established privately held companies, they can free up precious capital for scaling growth. For larger enterprises, R&D tax incentives can contribute mightily to multi-year tax planning and savings.

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New Jersey

NJ NOL Transfer Filing Alert

  The New Jersey Technology Business Tax Certificate Transfer Program allows qualified companies to sell R&D tax credits and net operating losses. This is a competitive program with $60 million available annually. In Fiscal Year 2017, 40 companies were approved to share $35 million. The deadline to submit the online application is June 30, 2017. However, there are several

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IRS, Internal Revenue Service, R&D Tax

The Service Issues New Administrative Authority Governing R&D Tax Credit Claims for Start-Up Companies

On Thursday, March 30th the Department of the Treasury (hereinafter the “Treasury Department”) and Internal Revenue Service (hereinafter the “Service”) issued interim administrative guidance in the form of IRS Notice 2017-23 clarifying how eligible start-up companies (i.e., those companies with less than $ 5 million in gross receipts and earning revenue for less than 5

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NOL

NJ NOL Transfer Filing Alert

The New Jersey Technology Business Tax Certificate Transfer Program allows qualified companies to sell R&D tax credits and net operating losses. This is a competitive program with $60 million available annually. In 2015 $47.4 million was awarded to 41 companies.The deadline to submit the online application is June 30, 2016. However, there are several factors to be aware of

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R&D, r&d tax credit, Small Business

Small Business Cashes In On New R&D Legislation

On December 18th of 2015, President Obama signed into law the Protecting Americans from Tax Hikes Act of 2015 (hereinafter the “PATH Act”) that significantly enhanced the Federal-Level R&D Tax Credit Program (hereinafter “RTC Program”) under I.R.C. § 41 on a myriad of levels for both eligible “Small Businesses” and eligible “Start-Up Companies”. More specifically,

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RTC , March 31st Deadline, Research Tax

A Practical Guide to Identifying, Gathering, and Documenting a Sustainable Research Tax Credit Claim

The Research and Experimentation Tax Credit program (hereinafter “RTC”) was added to the Internal Revenue Code (hereinafter “the Code”) in 1981 as a temporary provision of the Code at a time when research and development type jobs were significantly declining throughout the United States as a direct result of these jobs being outsourced to other

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