CPAs in OH, IN, KY, MI, PA, and SC to receive 3 Hours Free CPE May 31, 2023 – Northeast Ohio’s Tax Credits Group (TCG) and Duffy+Duffy have announced the dates for their summer income tax reduction seminar series, where attendees will learn powerful tax planning tools and strategies to maximize credits and deductions in order to save significant tax [...]
South Carolina Startups Could Save an Extra $250,000 Per Year, up to $2.5MM This article originally appeared on the South Carolina Association of CPAs (SCACPAs) blog: https://www.scacpa.org/new-ira-act-bolsters-rd-tax-credit-for-early-stage-companies/ On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA). Within the new law was an enhanced provision to the Federal Research and Development (R&D) Tax Credit which doubles the [...]
What CPAs need to know about the new IRS Mandate This article originally appeared in print in the SCACPAs Summer 2022 Edition of the South Carolina CPA Report. For over 40 years, the federal Research and Development (R&D) tax credit has served as a valuable tax savings tool for thousands of innovative U.S. businesses. But despite being around for decades, [...]
