The R&D tax impact will NOT even out. its taxes you pay for 5 years that you don't get back. R&D tax credits is a small right-off and not worth the efforts. Lots of startups don’t even do the R&D tax credits because of…
I still need help understanding this new Tax rule. I might understand capital assets better if you could answer these two questions. We pay software developers to create a new product. We spend $1m on their wages, then…
Question: this last year I paid software developers to create a new product, spent $1,000,000 on their wages, then I turned around and sold that software product for $1,000,000. I made no profit on this product. How…
The R&D tax impact will NOT even out. its taxes you pay for 5 years that you don't get back. R&D tax credits is a small right-off and not worth the efforts. Lots of startups don’t even do the R&D tax credits because of…
I still need help understanding this new Tax rule. I might understand capital assets better if you could answer these two questions. We pay software developers to create a new product. We spend $1m on their wages, then…
Question: this last year I paid software developers to create a new product, spent $1,000,000 on their wages, then I turned around and sold that software product for $1,000,000. I made no profit on this product. How…