There is no question that the past eighteen months have been very challenging on a wide range of levels. For manufacturers, it has been particularly difficult to maintain cohesive and reliable operations while also complying with mandates for social distancing, employee testing, and other aspects of the response to the epidemic we have all experienced […]
As you may have heard on March 27, 2020 Congress passed the CARES Act which included funding of programs developed to assist small businesses in maintaining their workforces and sustaining business during and after Covid-19.
Dear clients and friends of Tax Credit Advisors: During this time of uncertainty, we know that you are being bombarded with information about the COVID-19 virus. We want you to know that we do not take this threat lightly, and we, too, are taking steps to “flatten the curve” of this virus, as all of […]
The minimum wage in 1960 was $1.00 per hour, or $2,080 per year for a forty-hour per week job. According to the Social Security Administration (SSA), which tracks this data, the average annual wages for a full-time forty hour per week job at that time across all sectors was approximately $4,000, or about twice the […]
On February 28, 2019, Otto celebrated his 25th anniversary in this field. On that date in 1994, Otto began an apprenticeship under Mr. Nigel Harvey, who is one of the most outstanding practitioners in the area of tax consulting. Ever since, Otto has worked hard to support technological competitiveness in North America. In honor of […]
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 […]
Time to Review your Eligibility for Tax Credits Smaller businesses are the ones who can benefit most from the permanent extension of the federal research credit, a change that will greatly enhance the value of the program for all companies. New provisions can offset the Alternative Minimum Tax as well as some payroll taxes. These two […]
Curious about how your company can save money using state and federal research credits? Join Tax Credit Advisors, LLC for the Workforce Training Fund Workshop Session, hosted by the GBMP and The Workforce Training Fund. Otto Kunz, President of Tax Credit Advisors, LLC will be offering an informative explanation of how these credits can save […]
Bill passage allows for Research Credit to become Permanent After passage by the Senate on Friday, December 18th, the President signed into law both a new federal budget, as well as a second bill providing for the extension of a long list of expiring tax provisions. The largest of these was the Section 41 Research […]
The Smaller Business Association of New England has invited us to speak at a panel discussion at the Waltham Westin hotel in Waltham, MA on April 29th, 2015 at 7:30 AM. We will be sharing the stage with another tax credit firm. We visited last year, and you can even see us in this video […]