[Video] Types of Sampling Methodologies with Mark Bodenstab

09/14/2021

Many companies are hesitant to take advantage of the Research & Development (R&D) Tax Credit for fear of a possible IRS audit. In our video series, former IRS engineering officials discuss how many companies can avoid IRS scrutiny by properly describing their research activities. KBKG’s IRS Audit Defense videos give a better understanding of how … Read More

Feature: Research and Development Tax Credits for Pennsylvania and Federal Perspectives with PICPA

09/01/2021

CPA Conversations · Research and Development Tax Credits: Pennsylvania and Federal Perspectives Our Research and Development Principal, Paul McVoy, was featured on PICPAs CPA Conversations podcast and interviewed by Bill Hayes, Managing Editor of the Pennsylvania CPA Journal. Paul discusses research and development tax credits in Pennsylvania and at the federal level. He explains which … Read More

Three Tax Saving Strategies for Architecture & Engineering Firms

08/30/2021

Architecture and engineering firms that are not claiming R&D Tax Credits, Employee Retention Tax Credits, or 179D are potentially leaving millions of dollars in tax benefits on the table each year. What are these benefits, and what cash flow is being overlooked? R&D Tax Credit Architecture and engineering firms may want to take another look … Read More

[Updated] KBKG Tax Insight: R&D Tax Credits – Protective 280C(c)(3) Elections

08/11/2021

Updated September 16, 2020 The Section 41 Research Credit was enacted in 1981 as a temporary code section and made permanent with the passage of the Protecting Americans from Tax Hikes (“PATH”) Act of 2015. The research credit is an incentive providing taxpayers across all industries, performing qualified activities, the opportunity to reduce their tax … Read More

Feature: R&D for Agriculture with Harvest Harmonics

06/29/2021

Jim Kurtz, Executive Director of Harvest Harmonics, interviewed our Principal, Jon Tucker, and Director, William Long. They discussed the benefits of the R&D Tax Credit for the agriculture industry and gave farmers valuable information that they can use to make their farms and business more profitable. Learn more about R&D Tax Credits for the agriculture … Read More

KBKG Tax Insight: Monetize R&D Tax Credits: Start-ups and Small Businesses

06/22/2021

The Protecting Americans from Tax Hikes (PATH) Act of 2015 made it possible for start-ups and small businesses to qualify for a tax credit of up to $250,000. Start-ups and small businesses that were previously unable to benefit from the research and development (R&D) tax credits due to lack of taxability should take advantage of … Read More

Research Tax Credit Opportunities for Architects and Engineers

05/17/2021

Architecture and engineering firms may want to take another look at the often forgotten Research & Development (R&D) Tax Credit. Many may be eligible for federal and state research credits without realizing it. Historically, the R&D Tax Credit was geared to only benefit large companies; mostly in the manufacturing, software, high-tech and pharmaceutical industries. However, … Read More

KBKG Tax Insight: (AB 80) PPP Loan is Tax Deductible in CA & Impact on R&D Tax Credit

05/10/2021

After months of uncertainty, California taxpayers can begin to proceed with some degree of clarity around the treatment of Economic Injury Disaster Loans (“EIDL”) as well as Paycheck Protection Program (“PPP”) loans received and forgiven for income tax purposes. Assembly Bill 80 (“A.B. 80” or the “bill”) allows taxpayers that meet certain criteria to exclude … Read More