Tag Archives: tax credit

Next California Competes Tax Credit Application Window Starts Soon!

The California Competes Tax Credit program is a first-of-its-kind negotiated tax credit that allows businesses to request and negotiate credits. The next application window begins March 7th and ends March 28th. Roughly $50 M will be available plus previously unused amounts from prior periods. Continue reading Next California Competes Tax Credit Application Window Starts Soon!

Red Ink and R&D Tax Credits

Brady Bryan, CEO
It is no secret that industries and companies experience cyclic ups and downs depending on a number of factors. Or perhaps the company is a startup that has yet to see black ink. In all of these cases, companies sometimes see net operating losses (NOLs) for several years. For companies that are performing qualified research (per IRC Section 41) and find themselves in the aforementioned predicament, it can be a difficult decision on how to proceed. Continue reading Red Ink and R&D Tax Credits

Rare Diseases and Tax Credits

Brady Bryan, CEO
According to the National Organization for Rare Disorders, there are more than 1,200 rare diseases on the books. Unfortunately, for a number of reasons, these diseases are also usually last on the list for funding and research by both public and private entities. Fortunately, there are tax incentives available to businesses performing qualified research in the hopes of finding a potential cure for these rare diseases. Continue reading Rare Diseases and Tax Credits