If you’re a startup (or plan on doing so after the COVID-19 crisis has subsided) or your existing business does R&D, CPA.ai can help you calculate your research credit, as well as file forms to obtain a refund of payroll taxes for eligible businesses. There’s an online calculator (“sample R&D tax scenario”) to give you a rough idea of tax savings. Cost: 5% of the credit amount.
New blog today! COVID-19 and Small Businesses: 5 Big Surprises
Alert: Follow coronavirus-related federal tax changes through the IRS’ Coronavirus Tax Relief center.