Tax Minimization Articles

Year-end 2020 relief package good for U.S. innovation

By Mark Dunning Certain expenses related to the Paycheck Protection Program (PPP) are now deductible, the result of tax changes found in the year-end 2020 relief package. The Consolidated Appropriations Act of 2020 (enacted December 27, 2020) and related guidance...

Congressional appeal to scrap 2022 “carrying cost” for R&D expenses

By Mark Dunning Without repeal, research and development in the U.S. will become more expensive beginning in 2022. Starting in 2022, the tax code will make it more expensive for companies to undertake research and development in the U.S. by dragging out deductions...

Research & Development Credit: Maximizing credits, legislative updates, and audit trends

Join TaxOps Minimization Managing Partner Mark Dunning as he takes a deep dive into research and development credits, sponsored by CPE4U.  Catch the last Denver date of the year!December 81:00 - 4:30 pm MTCPE 4 creditsIntermediate course...

FAQs: Getting Started with Research Credits

By TaxOps Minimization The federal government, and most states, provide lucrative economic incentives in the form of research and development (R&D) credits to reward companies for fostering innovation and advancing technology on U.S. soil. These credits cover...