Taxes

Three Ways Game Developers Can Claim R&D Tax Credits

Three Ways Game Developers Can Claim R&D Tax Credits

Developing a game isn’t cheap. Even if you have a team of 3D modeling pros with lots of programming experience and heaps of creativity, the hours you’ll all dump into building your game are hours people expect to be paid. And even if your internal team can handle the...

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Don’t Let New York’s Franchise Tax Sneak Up On You

Don’t Let New York’s Franchise Tax Sneak Up On You

When you think about taxes, you probably directly associate the money that goes out to tax authorities with the money that’s come in. Take sales tax as an example. The more you sell, the more you’re going to pay. Income tax isn’t so different: the more you earn, the...

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Job Titles That Help Your Business Claim R&D Tax Credits

Job Titles That Help Your Business Claim R&D Tax Credits

As a startup, you’re probably looking for every money-saving opportunity you can find. That’s particularly true when it comes to your taxes.  Even if you’re operating at a loss and don’t have a tax liability yet, tax credits matter. The U.S. Code allows you to carry...

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How to Claim R&D Credits During Clinical Trials

How to Claim R&D Credits During Clinical Trials

Because our team here at ShayCPA specializes in providing accounting services to tech companies, we spend a lot of time working with Section 41 of the Internal Revenue Code. IRC § 41 is what makes it possible to claim a tax credit for research and development,...

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Nurturing Biotech Companies in New York

Nurturing Biotech Companies in New York

An Overview of START-UP NY, QETC, and Life Sciences R&D Tax Credit Program   New York has long been a global hub for finance, fashion, and food. But the Big Apple is also a budding hotspot for biotech, offering a robust range of programs designed to foster...

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Using Your R&D Tax Credit Against Payroll Taxes

Using Your R&D Tax Credit Against Payroll Taxes

As you wrapped up the 2022 books for your startup, you probably did some high-level financial review and analysis. Looking over key documents like your profit and loss statement, you get a better idea of what’s driving revenue — and where you’re spending.  For most...

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2023 Tech Company Tax Tips

2023 Tech Company Tax Tips

Does thinking about filing your taxes put some tension on your shoulders? If so, it’s probably because you’ve had a less-than-ideal filing experience in the past. And in most cases, those unwelcome filing instances come from surprises.  Or you might be feeling...

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