R&D Credit Deadline Alert: Startups Have Until 12/31/2017 to Elect Payroll Tax Offset Provision for 2016 Returns

It is not too late to take advantage of the payroll tax offset provision of the IRC Section 41 research credit. Pursuant to IRS Notice 2017-23, eligible startup businesses that failed to take advantage of the new payroll tax offset provision still have until December 31, 2017 to amend their 2016 tax returns to make the election. Please note, the […]

By |2022-08-23T13:09:01-04:00December 19, 2017|Blog, News & Events|

What Impact will Tax Reform have on the R&D Credit?

The pros and cons of the proposed bills Like all tax professionals, we at Tax Credits Group are watching Washington D.C. very carefully as Congress considers their tax reform plan; specifically, we are all waiting eagerly to see what, if any impact the final legislation would have on the R&D tax credit. So, while we can’t speed up time, or […]

By |2022-02-07T11:41:23-05:00December 13, 2017|Blog, News & Events|

Event Recap: MICPA 2017 Management Information & Business Show

Earlier this week, four of our associates at TCG had an opportunity to exhibit and present at the MICPA 2017 Management Information & Business Show. This year’s show theme, “Reach for the Stars” fit nicely in line with our company motto and booth theme “R&D Doesn’t Have to Be Rocket Science.” From all of us at TCG, we’d like to thank everyone at the MICPA […]

By |2022-08-22T12:38:41-04:00June 30, 2017|News & Events|