by Kings Peak Tax | Nov 2, 2022 | Tax Credits
Starting in 2022, taxpayers and tax preparers will need to be aware of important changes to the Research and Development Tax Credit (R&D Credit) documentation and filing process. Three major changes include new information required to file the R&D credit under...
by Kings Peak Tax | Jul 18, 2022 | Electronics, Tax Credits
Electronics is one of the largest industries in the world and activities conducted within the industry rely heavily on research and development. To develop innovative projects, companies in the electronics sector must frequently overcome technological challenges and...
by Kings Peak Tax | Jul 11, 2022 | Bank & Insurance, Tax Credits
It may not seem like it, but many companies in the financial industry are prime for research and development opportunities. Bank and Insurance companies are most likely spending extensively on technology that qualifies for the R&D tax credit but are hesitant to...
by Kings Peak Tax | Jun 1, 2022 | Software Development, Tax Credits
The software industry is a hub of innovative research and development. Thousands of businesses claim R&D tax credits for their software development projects each year. But did you know that many companies in the field are still missing out on this beneficial tax...
by Kings Peak Tax | Jun 1, 2022 | Oil & Gas, Tax Credits
Oil and gas are two of the world’s most vital and widely used products; we use them for practically everything. Oil and gas companies succeed in such a demanding market by investing in research and development (R&D) to drive innovation and build new and...
by Kings Peak Tax | Jun 1, 2022 | Mining, Tax Credits
Most mining and other natural resource industries strive to improve their operations by developing them to be better, faster, cheaper, or more environmentally friendly. R&D is uncommon in the mining industry but when activities are present, the tax claims can be...
