Helping you keep more of what you make
Farms and farmers often feel the squeeze when it comes to cost. Farmers are some of the hardest working Americans who often get left out when tax bills are changed or amended. Many farmers are receiving smaller farm bills, and funds are constrained. Is there any reprieve for farmers in research and development (R&D) tax […]
FEDERAL & STATE R & D CREDITS is a ½ day seminar (4 credits) led by Otto Kunz, CPA, EA, MBA, and founder of Tax Credit Advisors, LLC. Topics include the significant changes to the Federal R&D program enacted into law in December, 2015 and earlier in the year. An important 2016 change to the […]
Once upon a time, manufacturing companies in the US got a tax deduction for exporting their manufactured goods to other countries. This was good because wages in America are high compared to other countries. The WTO (World Trade Organization) decided that this policy wasn’t fair to manufacturers in other countries, and so the rules were […]
A special message from our founder Highlights: The Section 41 Research Credit is Preserved Manufacturers, Software Houses and Others are Eligible The Federal Credit Fosters Economic Growth Under TCJA Both Corporations and Pass-Through Entities Benefit from TCJA We have fielded many questions lately about the effect of the new tax legislation, which until recently was […]
It’s 2017. Everyone around you is using smart devices such as cell phones and virtual assistants. Along with these products, people are also using internet-enabled devices such as smart TVs, smart thermostats, smart light bulbs, and more. Even children’s toys can come internet enabled. This is what is called the Internet of Things (IoT). Most […]
Our own Otto Kunz has been invited to speak at the upcoming Dine & Learn session, sponsored by AME (the Association for Manufacturing Excellence) on December 12th, 2017. This event takes place at: Salvatore’s Restaurant 354 Merrimack St Building 1, Entrance A Lawrence, Massachusetts The schedule is as follows: 6:00 p.m. – 6:30 p.m. Networking […]
With all the news developing in Washington about the proposed tax overhaul, it’s important to remember that the existing tax rules are fully in place for the 2017 filing year. That means that when you’re filing your taxes next year, it is important to consider the federal Research Credit and the various state credits that […]
Join us for the 2017 GBMP Annual Northeast Lean Conference. This year’s conference will be held Tuesday and Wednesday September 19th and 20th at the DCU Center in Worcester, MA. The Northeast Lean Conference was created by the non-profit Greater Boston Manufacturing Partnership (GBMP) to provide services, information and inspiration to Lean practitioners – from […]
There is currently a lot of uncertainty about a proposed tax overhaul coming as early as this summer. With information on the web, social media, and other places, it can be hard to discern how this tax overhaul may affect you and/or your business. Call us with any questions and we’ll provide the best analysis […]
On October 4, 2016, the IRS published new regulations in the Federal Register detailing the rules for claiming software development under the Section 41 Research Credit. These rules are provided in Treasury Decision 9786 (opens PDF in new window). In a nutshell, the new rules clarify three important points: 1) Software that is developed for […]