Case Studies
Recent Blog Posts
AZ ENACTS REFUNDABLE R&D TAX CREDIT
Arizona officials have passed new law providing a financial incentive to small companies that are advancing research and development programs. Arizona Senate Bill 1254 offers taxpayers that employ less than 150 full-time employees a discounted refund of 75 cents for … Continue reading
MINNESOTA PASSES IMPROVED STATE R&D CREDIT…
On Monday, March 29, 2010, the Minnesota House and Senate both passed HF 2695. On April 1, 2010, Governor Pawlenty signed it into law. The bill includes several credits and incentives; however, perhaps the most broadly applicable change involves enhancements … Continue reading
Biotech Credit in New York: Tax Point Advisors to Assist CPA’s and Their Clients
New York City has announced a new $3m biotechnology credit. Tax Point Advisors, the nation’s leading tax credit consulting firm, is assisting CPA’s and their clients in applying for this new state benefit as well as the new Federal biotech … Continue reading
Maryland Announces Streamlining of Biotech Credit Application Process – Tax Point Advisors to Assist
Tax Point Advisors will assist CPA’s and their clients in applying for MD state biotech credit, for which the state has just announced a new, streamlined application process. For further info, contact Tax Point Advisors, (800) 260-4138 Jun 13, 2010 … Continue reading
TPA’s Jeff Feingold will appear on MYOB this Sunday…
TPA founder, Jeff Feingold, will be appearing on the “Mind your Own Business” Radio Show this week. The show provides advice, information and connections for entrepreneurs, service providers and established companies. Tune into MYOB this Sunday between 9-11 AM to hear … Continue reading
INDUSTRY
Engineering: Automation Technology
COMPANY DESCRIPTION
This company offers a wide range of automaton technology for the plastics industry. They are one of the world's foremost suppliers of robots for the injection molding industry. Customers include custom and captive molders, ranging from small independent to major multinational corporations, and spanning the range of injection-molding markets and products, from consumer non-durables to critical industrial components.
GENERAL QUALIFIERS
Engineering/Design * CAD * Tooling * Machining * Fabrication * Software Design * Automotive Design
SPECIFIC QUALIFYING ACTIVITY
In designing and engineering robotics for plastic injection molding companies, this company creates entire robotic systems and end-of-arm tooling, designs the software that controls the robotics, and engineers the optimal automization, including plant layout and design. They also provide engineering services for mold and part design for plastic injection molding clients.
ULTIMATE BENEFIT TO COMPANY
Tax Point Advisors estimates a high-six-figure credit range for this company during the assessment phase, and was able to find 8% more credits than even the high end of their original estimate.
INDUSTRY
Manufacturing: Coaxial Cables and Connectors
COMPANY DESCRIPTION
This company is both a manufacturer and a custom job shop for RF and microwave coaxial connectors and cable assemblies. This company offers connectors in a wide range of frequency and voltage ratings, along with flexible, semi-rigid, hand-formable and test cables, and turned components. They also specialize in custom-engineering these components to meet unique, customer-driven needs, and serve multiple industries including aerospace, telecommunications, medical and military/defense.
GENERAL QUALIFIERS
CAD Design * Engineering * Manufacturing * CNC turning and milling * Product Development * Prototyping
SPECIFIC QUALIFYING ACTIVITY
In their custom work, this company builds a prototype, modifies and re-engineers as needed, and then manufactures the end result. In their standard manufacturing, they are continuously refining processes to improve products and production processes and reduce costs.
ULTIMATE BENEFIT TO COMPANY
Tax Point Advisors estimated a mid-six-figure credit range for this company during the assessment phase, but were able to find 16% more credits than the high end of the original estimate.
