News & Blog

Two Male Mechanics Working on a Car in the Car Service Garage

Automotive Companies Helping To Accelerate Growth Within Their Industry Can Earn Game Changing Tax Credits

Over the past few years, the automotive industry has seen massive growth when it comes to manufacturing vehicles, car parts, paints, and the processes used to design them. With the emergence of electric cars, increased safety features in vehicles, added environmentally friendly components, and more, companies within the automotive industry can earn research and development tax credits now more than

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Hartford, Connecticut's tax laws

Changes in Connecticut’s Tax Laws Gives Businesses More Opportunities To Leverage R&D Tax Credits

Recent changes to Connecticut’s tax laws have been set in place after Governor Lamont signed the state’s budget legislation into law on June 23, 2021. One of the most important tax changes centers around the state’s research and development tax credits.   These tax credits are given to businesses by the state for performing research and development to help develop

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Doctor holding a digital tablet looking at medical records and test results while she treats an elderly female patient

Medical Software Companies Focusing Their Efforts On Development Can Leverage Huge Tax Savings

Many industries and companies have now started to integrate technology into their day-to-day processes and the medical industry is no exception. Incorporating technology into the medical field has not only made the practice more efficient for both doctors and patients but has also paved the way for medical software companies to gain research and development tax credits to further software

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Young engineer working for alternative energy with wind turbine and solar panel

Contractors and Builders Performing Eco-Friendly Construction During Housing Boom Can Earn Bonus Tax Savings

With the current boom in housing and residential properties and the populations’ rising concern for climate control, many contractors and builders have taken this opportunity to shift their building approach to construct more eco-friendly properties. This shift has opened the door to massive tax credits for individuals in the construction industry.   Contractors, builders, and property owners who have either

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