Tax Credits and Incentives Articles
Optimizing Sec. 179 Tax Deductions Alongside Bonus Depreciation
Posted by Kristin Re’ on March 25, 2024
Using Sec. 179 deductions together with bonus depreciation deductions is a smart tax strategy. For more information on how these rules apply or for any questions, our team is ready to help you.
Maximizing Tax Benefits: Utilizing the Work Opportunity Tax Credit in Manufacturing
Posted by Kristin Re’ on March 12, 2024
Claiming the Work Opportunity Tax Credit is a federal tax credit that offers manufacturers an opportunity to diversity the workforce while realizing significant tax saving.
Maximizing Tax Advantages: Research Credit and Payroll Taxes
Posted by Kristin Re’ on March 04, 2024
Commercial businesses can benefit from the research and payroll tax credits available through the Inflation Reduction Act.
IRS Efforts to Address Questionable Employee Retention Tax Credit Claims
Posted by Megan Morris-Smith on January 29, 2024
IRS now allows individuals to voluntarily return a portion of the funds before any collection procedures are initiated.