Business Tax Resources

Payroll Tax Deferral Guidance

Payroll Tax Deferral Guidance

Reading Time: 2 minutes On August 8, 2020, President Trump issued an executive order and three memoranda providing or extending COVID-19 relief to individuals and organizations. On August 28, 2020, the Department of Treasury and Internal Revenue Service issued guidance for implementing the memorandum’s payroll tax deferral portion.

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R&D Tax Credits: Easy & Effective Tax Savings

R&D Tax Credits: Easy & Effective Tax Savings

Reading Time: 3 minutes The Research and Development (R&D) Tax Credit is one of the best opportunities for businesses to reduce their tax liabilities, improve cash flow, and increase earnings-per-share. This tax credit was initially enacted in 1981 to incentivize companies to increase their investment in developing new or improved products or processes.

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