R&D Tax Credits for Manufacturing Companies provide solid incentives for innovation by allowing manufacturing companies to recoup a portion of their costs on new processes, products, and technologies. In 2024, R&D tax incentives continue to be a worthwhile incentive to pursue for most companies.

Effective wealth management is crucial to securing your financial future. By implementing the right strategies, you can start effective wealth-building and achieve your financial goals. In this article, we'll explore the 9 best wealth management strategies to do this. Let's dive in!

Engineering firms stand to gain quite a bit of savings from the IRS’s Research and Development Tax Credit. The credit is designed to provide tax relief to companies doing innovative and scientifically progressive work, which many engineering firms’ work falls under.The following article will cover how engineering firms can take advantage of the R&D tax credit in 2024, what kinds of activities qualify, and how to claim it. Let’s take a look.

The pharmaceutical industry is known for constant innovation. Thus, it’s no surprise that most pharmaceutical companies qualify for the government’s research and development tax credit. The issue is figuring out how much to claim.That’s what this article is here to help with. We'll explore how pharmaceutical companies can claim R&D tax credits for pharmaceutical companies in 2024 to maximize their return effectively and efficiently.

The Research and Development Tax Credit offers a substantial financial advantage for innovative breweries.As craft, micro, and other small breweries increasingly experiment with new flavors and processes, the reasons to leverage these tax incentives are only growing. 

Startups are often at the forefront of innovation, making them ideal candidates for the R&D tax credit. The credit has no size requirement, and the scope of eligible activities is quite broad.That’s why the research and development tax credit for startups is worth investigating in most cases, even for those who are unsure if they qualify.

We’ve designed this guide to help dental practices understand how claiming R&D tax credits for dentists works.We’ll go over how to check if your practice is eligible, how to claim the credit, and how much you can expect to save on your tax bill.

During COVID, many businesses were given access to the Employee Retention Credit (ERC) to help ease their tax burden. Since then, a business may receive a 6612 letter outlining an audit of the ERC claim. We'll cover the likelihood and reasons for getting audited, the potential penalties, and the statute of limitations on different years the ERC is claimed. 

In particular, a 6612 letter is a formal notice to the business that it is being audited for its Employee Retention Credit (ERC). The following guide looks at what you can expect from a 6612 Letter, what it means, why you have received it, and how to best respond to the situation. 

Many construction companies don’t realize they may qualify for an R&D tax credit. R&D tax incentives for construction companies do exist, and recent rulings have made them easier to claim than ever. 

Recent changes to the R&D Tax Credit have made it much more easily obtainable to architects. These R&D tax credits for architects can provide substantial savings in tax credits annually. But how does it all work? And what’s the best plan of action to get started?

R&D tax credits allow businesses to reduce their tax liability for expenses associated with their research and development activities. In the article, we’ll be going through how software companies can get the most out of this R&D tax claim and the potential amount that can be earned for software development companies.