Tax Minimization Articles

Eliminating the “Double-Dip” in Employee Retention and Research Credits

As businesses deduct expenses paid with PPP loan proceeds, R&D tax credits for payroll are impacted. Here’s how and what to do about it. By Jamie Overberg What is given on the one hand is partially stripped away on the other. That’s the best way to describe recent...

Eligible for Lucrative R&D Credits?

Any company that develops new or improved products, processes, or software—in some cases, whether profitable or not—may qualify for these lucrative credits. Wondering if you are eligible to take advantage of lucrative research credits that could cut your federal and...

Take Control of Your Work-Life Balance at TaxOps

We help people think differently and collaboratively, execute efficiently and live better through a supportive, flexible and challenging--in all the right ways--work experience. Come join our team! We are great people doing great work in a fun, supportive environment...

Will Congress Support U.S. Innovation by Reversing R&D Amortization in 2022?

Beginning in 2022, the federal research tax credit must be amortized. Some lawmakers are pushing back with bills to reverse course before amortization starts. By Jamie Overberg For over 60 years, businesses in the United States have been able to immediately deduct...