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 MoreAt Saltmarsh, Cleaveland & Gund, we understand that running a business is more than just number crunching, so we’ve developed Business Advisory Services.
The challenges of everyday business frequently consume the time you could spend developing the revenue-building part of your business.
Our experienced consultants can help you through the various concerns every business owner faces and help chart a course that will lead you to your goals.
Sometimes there are unexpected events in the life of a business that can require you to seek outside professional help, or perhaps the day-to-day management of the accounting side of your business is more than you wish to handle on your own. Our accounting professionals can help you get through a temporary crisis or even take over the responsibility of running your accounting department.
For more information, please contact consult@saltmarshcpa.com.
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