The Year in Review: Reflecting on 2020
December 22, 2020 | Paycheck Protection Program, Payroll Tax Credit, PPP, R&D Tax Credit, Tax Refund
With 2021 on the horizon and 2020 coming to a close, one of the most challenging years in recent memory will be behind us. This year we’ve all seen how necessary it is to adapt to changes and make informed business decisions. Whether it was the tax refund delays, the payroll tax deferment program, or PPP loan deductibility guidance, it has been our goal this year to keep you aware of what is happening in the tax world so you are able to be prepared in the months to come.
We’re Here to Inform You on All Scenarios That Can Affect Your Tax Situation
Despite all the changes, one thing that has stayed constant this year is our unwavering commitment to serving you and your company through it all. We are committed to providing quality service and making sure you and your team are aware of all scenarios that can affect your tax situation.
There is no way around it, times are tough right now. The current landscape is unprecedented and unpredictable. The good news is the R&D credit is a permanent tax credit that can provide your company some relief. Whether you’ve run into business tax roadblocks now or if they come up in the future; our team is prepared and dedicated to finding a way to save you money.
We Strive to Leave Companies Better Than We Found Them
At Probity Tax Recovery our purpose is simple. We believe you should not have to pay more for great service. We are committed to being a trusted partner for you and your business. We’re structured to be mobile, flexible, and lean to keep overhead at a minimum so that savings are passed along to your company. We understand that each taxpayer is different and each approach must be tailored accordingly. Our commitment is to continuously serve as many businesses we can in whatever ways we can while leaving as small of a footprint as possible.
We’re Equipped to Help Your Company Claim the R&D Credit
As you and your company go further into year-end planning and begin to embrace 2021, please reach out to us at Probity Tax Recovery to begin putting into place a plan for the R&D credit. We would love to work with you and your team as you prepare for the upcoming tax season. Our first meeting and phase of the process is free of charge. At the end of this initial phase, we will give you an estimate of the potential credit range you can expect so you can make an informed, data-driven decision.
Schedule a no-cost assessment with a member of the Probity Tax Recovery team here. We hope you have a peaceful and happy holiday!