Startups Benefit From “R&D” Tax Credits As Payroll Tax Offset
The PATH Act (“Protecting Americans from Tax Hikes”), related to the “Startup Act”, allows the technology-based startup, which is commonly rich in “qualifying research expenditures” and associated tax credits, but often lacking in taxable income, to now apply “R&D” tax credits against payroll taxes. Startups in this case, among other criteria, are firms with less than $5 million in annual gross receipts.
No Savings = No Fees!!!
ReplyDeletewww.BusinessRefundEstimate.com
Our Average Business Client Receives Over $240,000 in Benefits.
Get an Estimated Benefit in 30 Seconds.