Massachusetts Angel Investing Tax Credit for 2020
Back during the summer in July, the Mass Department of Revenue finally came up with procedures for angels investing in Massachusetts companies to take a tax credit towards their Massachusetts…
Changes Coming to the Deduction of Research and Development Expenses
Section 174 of the Code was enacted in 1954 to provide an incentive to conduct research and allowed for an immediate write off in the year the expenditure was incurred. …
The Employee Retention Credit and the Claiming Deadline
The Employee Retention Credit (ERC) is for employers impacted by COVID-19 to potentially receive a payroll tax credit. The ERC began under the CARES ACT and was subsequently updated under…