R&D Tax Credit: Final Regulations Provide Favorable Guidance in the Area of Internal Use Software: Part1

Significant Opportunities Now Exist for Businesses Developing Customer-Facing Software After spending over a decade on the IRS/Treasury Department’s Priority Guidance Plan, last week final regulations relating to Internal Use Software (IUS) development were finally released.  For many businesses developing customer-facing software, the long awaited taxpayer favorable outcome stemming from the new regulations may just have been worth the wait… FINAL […]

By |2016-10-12T02:18:48-04:00October 12, 2016|Blog, News & Events, Uncategorized|

R&D Article: Innovative Virginia Businesses Have New Reason to Love the State

For over three decades, innovative U.S. businesses have looked toward the federal R&D tax credit as a way to lower tax obligations.  In addition to this federal incentive, many states also offer research credits as a way to incentivize businesses conducting research and development within the state. However, there is a great deal of variation between these state credits and […]

TCG Speaks to Northeast Ohio Biomedical & Tech Startups

This week, Tax Credits Group (TCG) President Michael Krajcer and Managing Director Bethany Jones-Worner spoke to a room of Northeast Ohio Biomedical and Technology startup companies about new opportunities to claim the Federal Research & Development Tax Credit. The Q&A session addressed new payroll tax offset provisions stemming from the signage of the Dec. 18, 2015 PATH Act. This legislation […]

By |2021-07-21T16:45:43-04:00March 11, 2016|News & Events|