How Does the CARES Act Affect R&D Tax Credits?

How Does the CARES Act Affect R&D Tax Credits?

Reading Time: 3 minutes One of the questions we are getting from clients is “If my business has had some recent losses, but we also think we may be eligible for the research and development credit, how does the CARES allow us to maximize the cash tax refunds?” The...
CARES Act: Are U.S. PE Middle Market Firms Left Out?

CARES Act: Are U.S. PE Middle Market Firms Left Out?

Reading Time: 3 minutes COVID-19 PPP Loans Update One of the highlights of the recent $2 trillion CARES Act is the Paycheck Protection Program (PPP).  The PPP is a loan designed to provide small businesses with the funds necessary to navigate the effects caused by...
CARES Act – Income Tax Implications

CARES Act – Income Tax Implications

Reading Time: 6 minutes COVID-19 Tax Update The CARES Act includes many income tax implications for both businesses and individuals. Below are summaries of the top provisions from this new legislation. Section 2303 – Modifications for Net Operating Losses The CARES...
CARES Act – Employee Benefit Provisions

CARES Act – Employee Benefit Provisions

Reading Time: 5 minutes COVID-19 Benefit Plan Opportunities The CARES Act includes retirement-based provisions which ease retirement plan hardship and loan regulations in order to make retirement funds available to individuals impacted by the pandemic.   The final...
Is Your Client Eligible for R&D Credits?

Is Your Client Eligible for R&D Credits?

Reading Time: 3 minutes As a CPA or tax/financial professional, you are a trusted advisor and partner for each client you serve. As a trusted partner, you are expected to possess crucial skills that can make or break a business’s ability to succeed. Companies of all...

Tax Consulting

Tax Consulting Overview Accounting Advisory Assurance Tax Technology Risk Tax Consulting and Planning Many Texas businesses, if asked, would be more than happy to find ways to reduce federal, state, and local taxes. While there are basic steps each can take, more...
PPP Loan Program Extended

PPP Loan Program Extended

Reading Time: 2 minutes On Saturday, July 4th, as Americans celebrated Independence Day, President Trump signed a five-week extension of the Paycheck Protection Program into law. The extension was approved by the Senate Tuesday evening, just hours after the deadline...