Employee Retention Tax Credit
Employee Retention Tax Credit Are you wondering if you qualify for Employee Retention Tax Credit? Make sure you are taking advantage of this tax relief and know how to claim it. What Is The Employee Retention Tax Credit? The CARES Act’s Employee Retention Tax Credit (ERTC) is a fully refundable payroll tax credit. The …
How to Qualify for R&D Tax Credit
Innovation is taking the world by storm, and the U.S. is one of the forerunners in research and development. Did you know that you can reduce your company’s tax burden by claiming an R&D tax credit for business research-related purposes? Here’s how you can qualify:
Beginners Guide to Work Opportunity Tax Credit
Did you know that $1 billion is claimed every year in tax credit under the Work Opportunity Tax Credit (WOTC) program? The COVID-19 pandemic has brought unprecedented changes for small and large business owners across the globe. Luckily, the WOTC can help you save money and optimize your revenue. Here’s everything you need to know:
Is Cost Segregation Worth the Effort?
Due to the current COVID-19 pandemic, companies worldwide are conserving cash and aiming to reduce their equipment purchases. One downside of this is that they may not be able to claim the amount of depreciation tax deductions like they did before.
Why Is Cost Segregation Essential for Your Real Estate Business?
The U.S. commercial real estate industry is one of the largest globally, carrying a net worth of over $16 trillion. Its remarkable performance and improvement during the COVID-19 outbreak have encouraged investors to enter this market with a focus on maximizing their return on investment.
4 Tax Credits and Incentives that Help Increase Cash Flow
Across the U.S., many businesses are facing cash flow challenges that are hard to tackle. This has discouraged other potential investors from initiating start-ups or investing in the stock market.