What You Need to Know About COVID-19 Relief

What You Need to Know About COVID-19 Relief

In order to help meet the needs of U.S. citizens in this difficult time, the U.S. government has passed a relief package and put in place certain rules and regulations that guide how businesses should or can react to the COVID-19 crisis. Changes in bureaucracy and...
5 Common Challenges Small Business Face

5 Common Challenges Small Business Face

Starting a small business comes with many challenges. But even after you have gotten your company off the ground, maintaining it can be even more challenging. The Bureau of Labor Statistics notes that about 20% of businesses fail in their first year and about 50% of...
How Does R&D Tax Credit Help Start-ups Offset Payroll Taxes?

How Does R&D Tax Credit Help Start-ups Offset Payroll Taxes?

In the past, start-ups that weren’t paying federal income taxes were eligible for Research & Experimentation (R&D) tax credits, but were then expected to follow through with them for their corporate and/or shareholder tax returns until they could offset their...