Webinar: Maximizing Tax Savings for Mold Builders

In December Congress made the R&D tax credit permanent, and it was improved with the Protecting Americans from Tax Hikes Act of 2015 by allowing eligible small businesses to offset the Alternative Minimum Tax and select start-up companies to offset the employer’s payroll tax liabilities.

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December 2015, Congress made the R&D tax credit permanent.  In addition, the Protecting Americans from Tax Hikes Act of 2015 improved the research tax credit by allowing eligible small businesses to offset Alternative Minimum Tax and select start-up companies to offset the employer’s payroll tax (i.e., FICA) liabilities.  These enhancements coupled with new regulatory guidance should positively impact mold builders research credit claims, as well as the amount of credits that can be monetized.

 

The types of activities that may qualify for the R&D tax credit include, but are not limited to the following:

  • Developing new mold designs
  • Experimenting with manufacturing variables to improve processes
  • Improving manufacturing processes through automation
  • Developing new fixturing or other tooling
  • Testing new mold designs through sampling or mold trials

 

Join Harbour IQ and, tax experts, Mueller Prost on Tuesday, January 26, 2016 from 9-9:30 a.m. (ET) for a webinar featuring insights and information on how mold builders can maximize the benefits of the R&D tax credit.

For more information on the webinar or to R.S.V.P e-mail Marion Wells at mwells@harbourresults.com.

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