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 |2017-12-19T15:02:30-05:00December 19, 2017|Blog, News & Events|

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|