Uncategorized Archives - Alternate Tax Solutions

Strategies to Offset PPP Tax Implications

September 24, 2020
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Strategies to Offset PPP Tax Implications

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 […]

Tax Court Ruling Strengthens R&D Credit for Architects

July 30, 2020
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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 […]

R&D Tax Credits and the Architectural and Engineering Industry

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 […]

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