Company Overview
SoftwareX is a software development firm located in Northern Virginia. The Company’s primary source of revenue is from software development that it performs under contract for various clients. The […]
At ATS, we work on a daily basis with companies seeking to amend returns. Using strategies like the R&D Tax Credit and Cost Segregation allows taxpayers to go back and amend returns and generate refunds for taxes paid […]
The CARES Act passed by Congress provided immediate financial relief for businesses hit hard by the direct effect of the COVID-19 economic shutdown. However, while the paycheck protection program (PPP) and Emergency Injury Disaster Loan (EIDL) funds may have […]
A recent Tax Court case has given architecture firms more ammunition in substantiating R&D Tax Credit claims. In Populous Holdings, Inc. (“Populous”) v. Commissioner of Internal Revenue, the Court ruled in support of the taxpayer’s R&D Credit Claim for building design projects. In […]
The Tax Cuts and Jobs Act of 2017 made the R&D Tax Credit one of the biggest tax incentives for businesses. Among other things, the act affirmed that research and innovation are a crucial component of the U.S. economy. The R&D Credit seeks to reward […]
