Latest Insights
Netsuite vs Acumatica: A Comprehensive Insight
According to the Office of the U.S. Trade Representatives, approximately 30 million small and mid-sized businesses (SMBs) operate in the United States. Although these organizations are in various stages of process automation and digital maturity, most will benefit...
IRS Announces Two-Year Delay for Roth Contribution Catch-Up Requirements
As businesses strive to maintain their competitive edge, the imperative for operational efficiency becomes increasingly vital. Amidst these considerations, 401k audits – a mandatory requirement – often stand as a time-consuming and intricate process. However, the paradigm is shifting.
Four Key Methods Cloud ERP Reduces Business Costs
I remember walking into the office of PriceKubecka to begin the first day of my 401(k)-audit internship. I felt a mixture of excitement and anxiety as I wondered what to expect: How
Tax Deadlines for September 2023: What You Need to Know
I remember walking into the office of PriceKubecka to begin the first day of my 401(k)-audit internship. I felt a mixture of excitement and anxiety as I wondered what to expect: How
Could your process of experimentation save you money?
Many companies do simulations, modeling, or hypothesize to improve something they already do or create a new product. If this sounds like your company, you could be saving money on your taxes…
R&D Tax Credit Studies: The Elimination of Uncertainty Test
99 Percent of people would agree that by improving the look of something you make it better than it was. Well for the research and development tax credit, you need to do more than just improve…
401(k) Plans Can be a Business Owner’s Best Friend
Many small business owners see a 401(k) as an unnecessary expense they may not be able to afford. However, a 401(k) plan is not out of reach and is incredibly beneficial to…
R&D Tax Credit Studies: What is the Permitted Purpose test and why does it matter?
Many people hear about all the ‘work’ associated with completing a research and development (R&D) tax credit study, but the reality is that the savings associated with this credit make it more…
R&D Tax Credit for Architects: Let the Government Pay You for Your Great Designs
The Research and Development (R&D) tax credit is often thought of as a credit created for research done by scientists with white lab coats in a laboratory. This is simply not true…
Is the Research and Development (R&D) Tax Credit Worth the Hassle?
In a world where technology reigns supreme, more people than ever could qualify for the research and development tax credit. Under section 41 of the Internal Revenue Code, companies that work in…
Does Your Business Qualify for the Research and Development (R&D) Tax Credit?
Depending on the industry, did you know that many of your everyday operations might qualify for dollar-to-dollar reduction of your income tax? If your company creates products that are faster, less expensive…
Demystifying the Research and Development Tax Credit
Have you heard of the Research and Development (R&D) Tax Credit? The Credit for Increasing Research Activities was originally enacted by Congress in 1981 to incentivize research and development in key industries…