Our leadership team is actively involved in all client matters and maintain a strong field presence on engagements.
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We provide unprecedented accessibility to all service team members.
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Disruptive innovation creates new product and service opportunities for technology and bioscience companies. This opportunity is heavily influenced by a timeline to market, patent applications, regulations, and consumer acceptance.
The balance between value and costs to prove and defend disruptive innovation is critical at all stages of development. To remain focused on what you do best, you need proactive solutions from collaborative and accessible business partners.
Lumsden McCormick works closely with technology and bioscience companies to develop strategic plans aimed at achieving strategic objectives. We will keep you updated on existing and emerging regulations that may impact your business. From startups to well-established businesses, our professionals provide innovative solutions to regional and global businesses.
In addition to cash flow and tax planning, we have a network of funding sources, including angel investors, venture capital firms, and private equity firms. We will also help you take advantage of incentive programs for which your business qualifies. As a proud member of the BDO Alliance USA, we have access to professional resources with expertise specific to your industry.
Our technology and bioscience services include:
For more information about accounting services for technology and bioscience companies, contact Cory Van Deusen or complete the form below.
Selecting the right trustee is crucial in estate planning, as they manage trusts and ensure assets are handled according to the trust's terms and in the best interests of the beneficiaries. Trustees must possess qualities such as knowledge of tax and trust law, investment management experience, bookkeeping skills, integrity, and objectivity to effectively fulfill their responsibilities.
Section 127 educational assistance plans allow businesses to provide up to $5,250 annually in tax-free educational benefits to employees. These plans cover a wide range of educational expenses, including graduate coursework, and can help attract and retain talented employees.
SEP and SIMPLE plans are retirement options designed for small businesses to simplify administration and reduce financial burdens. SEP plans allow employers to make discretionary contributions to employees' SEP-IRAs, while SIMPLE plans involve employer matching contributions based on employee salary reductions. Both plans offer unique advantages, including tax benefits and minimal IRS filing requirements.
