Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies

March 2, 2021By KROST

This is one of the articles in the KROST Quarterly Manufacturing Issue, titled “Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies” by Guest Contributor, Michael Maroney. As history has shown us, difficult times can spark a renaissance of innovation and creativity. With the continued impact of the Coronavirus on American businesses, … Read More

Opportunity Zones and Cost Segregation

February 23, 2021By KROST

This is a preview of one of the articles in the new KROST Quarterly Real Estate Issue, titled “Opportunity Zones and Cost Segregation” by Guest Contributor Artur Babaian Opportunity Zones are garnering increased interest across the country. Created by the Tax Cuts and Jobs Act (TCJA) in December 2017, taxpayers who meet the requirements for investing … Read More

2020 vs. 2021 Employee Retention Credit Comparison Chart

January 19, 2021By Jason Melillo

Old Law New Law Eligible Employers 2020 2021 Eligible employers can receive a refundable payroll tax credit of 50% of wages paid to employees between March 13th, 2020 and December 31st, 2020. No Change Eligible employers can receive a refundable payroll tax credit up to 70% of qualifying wages paid between January 1, 2021 and … Read More

Employee Retention Credit Provides Benefits for Manufacturing Employers

December 16, 2020By KROST

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Employee Retention Credit (ERC) Provides Benefits for Manufacturing Employers ” by Jim Estrella, CPA, MSA. For manufacturers who experienced a suspension in operations or decline in business compared to 2019 due to the COVID-19 crisis, the Employee Retention … Read More

R&D Tax Credits for Software Development Advancements in 2020 & Beyond

October 5, 2020By KROST

This is a preview of one of the articles in the new KROST Quarterly Technology Issue, titled “R&D Tax Credits for Software Development Advancements in 2020 & Beyond” by Guest Contributors Tetyana Guguchkina and Tiffany Solymon. Throughout the years, software has found itself in every facet of our lives, from smartphones to smart televisions; even … Read More