Research and Development
Research and Development Tax Credit Explained
Filing taxes can be complicated enough for individuals. Still, the process becomes even more frustrating when you’re a business owner, especially a successful one that operates multiple departments within a complex industry. Thankfully, our experts at TaxRobot can ensure you get your business taxes done right the first time through
5 Best Startup Funding Sources in 2022
Starting a business is always an exciting adventure, but it can also bring about a lot of stress and frustration as you scramble and search for effective ways to get everything off the ground. And while that’s always been true, things have become even more difficult due to the global
How to Qualify and Claim the R&D Tax Credit
Broad statements rarely fit everyone, but we’ve never met anyone eager to pay more than what is required when it comes to paying taxes. That’s where tax credits come in handy. Like research and development, certain activities can qualify businesses or individuals to offset a portion of their tax liability,
R&D Credits & AMT: Here’s What to Know
For years, many businesses were prevented from getting the full benefits from their R&D tax credits, even though they engaged in qualified activities. The reason for this problem was the alternative minimum tax (AMT). However, due to the PATH Act, many eligible small businesses (ESBs) no longer face that burden.
R&D Tax Credit For Startups: How To Qualify
Each year, the government provides over $12 billion in tax incentives to thousands of businesses all over the nation. The startup R&D tax credit is one of the most lucrative tax incentives today. For the past forty years, it’s been helping businesses save hundreds of thousands of dollars in tax
R&D Credits for Software Companies: What to Know
Software companies transform business operations in numerous industries by creating products that fuel productivity and efficiency. In support of continued innovation, R&D tax credits are available to many organizations, providing substantial savings opportunities for a range of software companies. Many expenses that software companies incur through their research and development