Early stage and start-up companies can invest in crucial research and development activities while pocketing significant – and now permanent – tax credits to offset the costs of those investments. The PATH (“Protecting Americans from Tax Hikes”) Act of 2015 allows entrepreneurs to commit significant resources to innovation and receive huge tax benefits even if […] Read more “The PATH Act is a Great Step Forward for Start-Up R&D Costs”
Category: Business taxes
The Chicago business scene is reeling from a new cloud tax law that requires some cloud-based businesses to pay a 5.25% fee on top of taxes already owed. As you can imagine, this is painful news to business owners and executives who haven’t accounted for such a commitment — and find themselves scrambling to reckon […] Read more “3 Facts Small Businesses Need to Know About Chicago’s Cloud Tax”