The R&D tax credit is a Federal incentive provided by Congress to U.S. Manufacturers to offset the cost of innovating. As it is a credit as opposed to a deduction, it is a dollar for dollar offset to your tax liability. Also, since the credit is open for the 3 immediately preceding tax years, filing a claim for refund for the credit for past years can be a direct cash infusion into your company. This video explains the tax credit and how Saltmarsh can help your business claim the credits you deserve.
Saltmarsh shareholder, Molly Murphy, was recently recognized at the University of West Floridas annual Alumni brunch, where she received the Distinguished Alumni award.
» Read MoreIn 21st century America, it seems that everybody is going green. Its hard to open a newspaper or magazine or watch TV without hearing about one organization or another thats going green or implementing new environmental sustainability practices.
» Read MoreInternational Tax and Miscellaneous Provisions
» Read MoreRelease Date: Tuesday, January 11, 2011
Glenn Scharf, CPA, at Saltmarsh, Cleaveland & Gund, has been selected to serve on the Executive Committee effective January 1, 2011.
Scharf is a Shareholder in Saltmarshs Fort Walton Beach office. He began his career in 1991 after graduating from the University of Florida with a Masters in Tax. Scharf brings to Saltmarsh expertise in a variety of fields including: taxation, accounting, process engineering, business consulting and tax management solutions. He was previously employed by Deloitte & Touche, LLP and Arthur Andersen, LLP in Atlanta.
The Executive Committee consists of Ron Jackson, President, Charles Gund, Jr., Shareholder and newly elected Glenn Scharf.
The R&D tax credit is a Federal incentive provided by Congress to U.S. Manufacturers to offset the cost of innovating. As it is a credit as opposed to a deduction, it is a dollar for dollar offset to your tax liability. Also, since the credit is open for the 3 immediately preceding tax years, filing a claim for refund for the credit for past years can be a direct cash infusion into your company. This video explains the tax credit and how Saltmarsh can help your business claim the credits you deserve.
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