The R&D Tax Credit is the closest thing to free money for tech startups. To summarize: a startup can claim a percentage of each employee’s payroll as long as the work they’re doing relates to research and development. The amount you can claim per employee is related to the amount of time they actively spend on R&D. […]
Tax
Tax Time Guide: Make Protecting Tax And Financial Information A Habit
WASHINGTON – The Internal Revenue Service urged people to continue practicing proper cybersecurity habits by securing computers, phones and other devices. Scams and schemes using the IRS as a lure can take on many variations, so practicing personal information security is vital. This news release is part of a series called the Tax Time Guide, […]
Families First Coronavirus Response Act: What Does it Mean for Small Businesses?
The Families First Coronavirus Response Act is one of several acts passed in response to the COVID-19 crisis but the first bill to directly address the economic crisis and the challenges faced by individual taxpayers and businesses. While the first legislative response focused on emergency preparation and measures in response to the coronavirus, the new coronavirus aid package aims […]
What You Need to Know: States’ Online Sales Tax and Marketplace Facilitators
Across the country, states continue to update their sales tax laws in an effort to clarify provisions and increase state income. Of course, because company sales extend beyond state borders, it’s extremely important for your business to be aware of various multi-state tax issues and how they may affect your organization. One major trend we’re […]
