Sep 24, 2020 | Latest Updates
Randy Crabtree, CPA and Phil Williams, JD, BSME We have had many CPA’s recently ask how expenses included on the Payroll Protection Program (PPP) loan forgiveness application will affect taxpayers’ R&D credits for 2020. They also want to know if we have any...
Aug 13, 2020 | Latest Updates
No large or small business owner wants to hear that they are being audited – especially if they have never experienced the situation before. As a CPA firm, it is your job to help clients navigate the process, help them prepare for the audit, and ultimately put...
Jul 15, 2020 | Latest Updates
In part one of this two-part blog series, we discussed the differences between SBIR grants and R&D tax credits and reviewed how each can be used to fund innovative research for businesses. Now we are going to discuss how research endeavors that received the SBIR...
Jul 15, 2020 | Latest Updates
By: Brett Barton, Director, Tri-Merit Key Takeaways: Qualified expenses can be found within smaller components of larger projects The aggregate of these subset development expenses can add up to significant tax savings Understanding what to look for is critical in...
Jun 25, 2020 | Latest Updates
Your tax clients expect the CPAs at your firm to provide guidance and advice that lead them to where growth opportunities lie — increasing their ability to make profitable business decisions. Many CPAs focus on performing tax accounting only as protocol demands...
Jun 10, 2020 | Latest Updates
New legislation has been introduced by Senator Chris Coons of Delaware that will boost federal investment in private American businesses that perform research and development (R&D), including activities that will help fight the Coronavirus and rebuild the economy....
