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Can You Take Advantage of the Research and Development Tax Credit?

September 28, 2020 by admin

Can You Take Advantage of the Research and Development Tax Credit?

You don’t have to wear a while lab coat to claim the federal research and development tax credit if you meet the four criteria outlined in Internal Revenue Code Section 41 and its regulations. Learn why failing to explore this credit may be leaving money on the table. Many manufacturing companies fail to take advantage […]

Filed Under: Business Tax

Social Security: Note the Key Changes for 2020

August 14, 2020 by admin

Social Security: Note the Key Changes for 2020

The Social Security Administration has released new numbers for those paying Social Security and those collecting it. Check out the new maximum taxable earnings amount as well as COLA and other key adjustments. Every year, the Social Security Administration takes a fresh look at its numbers and typically makes adjustments. Here are the basics for 2020 […]

Filed Under: Business Tax

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