Research & Experimentation Funding for Control Groups
Posted by Sarah Russell and Tim Finerty on January 2, 2019
Sarah Russell
A common misconception about the Research and Experimentation Tax Credit for Increasing Research Activities (hereinafter the R&E Credit) arises when control group members share expenses related to qualified research activities; and when the ultimate user or decision maker is not the same entity who conducted the research activities.
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C-Corp vs. S-Corp: Tax Reform and R&E Credits
Posted by Sarah Russell and Timothy Finerty on November 2, 2018
Before making the decision to change to a corporation, it is important to consider and have a conversation about the R&E Credit.
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Employer Tax Credit for Paid Family and Medical Leave
Posted by Sarah Russell on September 12, 2018
Many questions remain about the paid family and medical leave credit, and the IRS plans to provide additional information.
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What the FDII and GILTI Provisions Will Mean to You
Posted by Sarah Russell on June 25, 2018
The TCJA has changed the game as it comes to international tax planning and taxpayers should be meeting with international tax advisors to ensure they understand the new rules. Both GILTI and FDII need to calculated and reviewed annually.
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Misconceptions About the Research & Experimentation Tax Credit
Posted by Sarah Russell and Timothy Finerty on March 21, 2018
Development efforts only need to be new to you to qualify.
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Advantage Austria Automotive Webinar Now Online
Posted by Sarah Russell and Alex Martin on December 27, 2017
Shareholder Sarah Russell and Principal Alex Martin share their insight during the automotive update with Advantage Austria.
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International Tax Provisions
Posted by Sarah Russell on December 22, 2017
As mentioned in our last two updates recapping changes in the individual and business tax provisions, legislation passed December 20, 2017 and is expected to …
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Interest Charge Domestic International Sales Corporation (IC-DISC)
Posted by Sarah Russell on May 10, 2016
The United States has continually offered encouragement and support to domestic companies to promote export sales of domestically produced goods. One of the tools …
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Top 5 Questions about the Foreign Tax Compliance Act (FATCA)
Posted by Sarah Russell and Nina Wang on September 29, 2015
In our first article, we discussed the basics of FATCA, considerations for non-financial domestic entities, and foreign entities. We subsequently published another article that discussed …
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5 Low-Tax Jurisdiction Strategies for Small- and Medium-Sized Businesses
Posted by Sarah Russell on June 25, 2015
There has been much publicity lately regarding large multi-national companies and their offshore tax planning strategies, which has led many business owners to wonder how …
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Clayton & McKervey shareholder to moderate panel at Integr8™ Industry 4.0 conference on Nov. 9 in Detroit
Posted by Clayton & McKervey and Sarah Russell on October 27, 2017
Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, announced that shareholder Sarah Russell, CPA, will be a …
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Maximizing Tax Savings for System Integrators & Automation Companies
Posted by Tim Finerty and Sarah Russell on June 8, 2016
Clayton & McKervey Shareholders Tim Finerty and Sarah Russell hosted a webinar, "Maximizing Tax Savings for System Integrators & Automation Companies," produced by the Robotic Industries Association (RIA). The presentation discussed recent changes in legislation and the current eligibility requirements for companies interested in benefitting from R&E tax credits.
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