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Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies

KROST

This is one of the article in the KROST Quarterly Manufacturing Issue , titled “Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies” by Guest Contributor, Michael Maroney. These companies include pharmaceutical, clothing, technology, cosmetics, textile, and others. Read the full Manufacturing Issue ».

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Professionals on the Move – Jan. 2024

CPA Practice

The strategic acquisition also encompasses Mueller dotKonnect , a business process outsourcing firm specializing in finance, accounting, tax and payroll functions.

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Some Smaller Public Cos Opt To Keep PPP Funds

PYMNTS

If it decides to keep the loans, Fiesta said it would use them for payroll costs and supporting employees. Pharmaceutical manufacturer OptiNose returned $4.4 Fiesta Restaurant Group, which owns the Taco Cabana and Pollo Tropical chains, received two loans totaling $15 million, which it is contemplating whether or not to keep.

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How to Make More Money With Artificial Intelligence

inDinero Accounting

AI is in marketing and sales, manufacturing, product and service development, and corporate finance and accounting. We’ve found it very useful to bring the associates who are experts in the application domain into the build of the solution.” — Head of analytics and insights at a global pharmaceutical company.

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Investing In The Startups That Invest In Innovation

PYMNTS

It could be in IT, it could be in manufacturing, pharmaceuticals — the core similarity between all of them is that they have an R&D spend, and they attract tax credits. Sometimes folks can’t make payroll and, as a result, they lay off employees. They have a huge need for cash.

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Year-End Tax Planning Strategies for Businesses

KROST

The PATH Act also allows startup businesses with no federal tax liability and gross receipts of less than $5 million to take the R&D tax credit against their payroll taxes for tax years beginning after December 31, 2015, essentially making it a refundable credit capped at $250,000 for up to five years.