SAVAGE, Minn., June 1, 2022 (SEND2PRESS NEWSWIRE) — Choosing a tax consulting firm as a trusted advisor is an exceptionally important decision for both businesses needing such services as well as accounting firms who refer them to their clients, says ICS Tax, LLC.
Tag Archives | Research and Development Tax Credit
IRS Mandates Additional Requirements for R&D Tax Credit Refund Claims
SAVAGE, Minn., Jan. 11, 2022 (SEND2PRESS NEWSWIRE) — In 2007, the IRS made the Research & Development (R&D) tax credit a Tier 1 issue, says ICS Tax, LLC (ICS). Tier 1 issues were those of high strategic importance that had a significant impact on one or more industries, essentially meaning that the IRS would audit […]
Brew Up Tax Savings with the R&D Tax Credit
BOSTON, Mass., March 10, 2021 (SEND2PRESS NEWSWIRE) — While the trendy term “Microbrewery” may have been the proper terminology for new craft beer breweries and startups, they no longer remain “micro” in revenue, says ICS Tax, LLC (ICS). Growth in the craft beer industry in the U.S. has steadily grown to almost $30 billion.