A Research Development Tax Credits presentation will be Tuesday from noon to 1:30 p.m. at the Chamber of Commerce in Warsaw.
In this presentation, Dawson Fercho and Randy Crabtree, Tri-Merit, LLC will focus on the fundamentals of the R & D tax credit and how businesses can qualify for it as well as provide case histories of companies who have benefited from the credit.
At first glance, research and development tax credits available to businesses may seem only to apply to those that employ people wearing white lab coats. But a more thorough look at these tax incentives reveals that many businesses outside the high-tech industries do qualify for these lucrative tax breaks. Businesses in the engineering services, manufacturing, retail, software and financial services industries, just to name a few, have all benefited from these tax incentives.
The information presented uncovers the nuances and misconceptions surrounding this substantial wage-based credit followed by an analysis of the types of industries and activities that qualify.
Attend this presentation to:
Discover that you may have more qualifying activity than you initially may have anticipated.
Discover a potentially substantial new revenue source
Discover ways to uncover previously unrealized cash/credit benefits to expand your business.
Learn what activities qualify for the R & D credit.
Learn what expenses are considered to be qualified expenditures.
Learn how to properly meet the IRS' strict standards for reviewing the credit.
Get a general overview of some of the existing state R & D credits.
This presentation has opened the door to better understand how many companies can take advantage of the R & D tax credit.
Kosciusko Development Inc. and the Warsaw/Kosciusko County Chamber of Commerce provide this forum for local business owners and industry leaders to address common issues.
