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: Friday, January 08, 2010
Araba Knoblock, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.
Knoblock is a Senior in the Financial Institutions Consulting Department of Saltmarsh, Cleaveland & Gund. She graduated with a Master of Accountancy from the University of West Florida and also has her B.S in Administration from the University of Ghana.
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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