Strike Tax Advisory

Using our dedicated legal and technology team, Strike Tax Advisory is uniquely positioned to optimize your company's R&D tax credits to fuel innovation.

[Ben | The SaaS CFO @TheSaaSCFO]

Please take a moment to sign this.

[Rohit Kumar @rokumar1918]

Two more 174 related things that were just flagged for me:

1. There's a https://t.co/QqMhYUtdKA petition that's sprouted up on this: https://t.co/RfcdtqfbvO

2. @mjwhansen seems to be particularly exercised about it and is tracking legislation like a pro.

[Strike Tax Advisory @strike_tax]

We dive deep into R&D tax law, so you don’t have to.

The 2017 TCJA changed the way R&E expenditures are capitalized and amortized.

You may have seen an increase in discussions around section 174 and section 41. This is how we explain 👇

[Strike Tax Advisory @strike_tax]

R&E expenses Section 174 are not the same as the R&D Tax Credit (Section 41). @TheSaaSCFO had Strike Tax President Tyler Kem on his podcast to discuss the difference.

[Ben | The SaaS CFO @TheSaaSCFO]

What is going on with the US R&D tax credit?

Big changes that went into effect for tax year 2022 are now making their way to business owners as they prepare their 2022 tax filings.

Listen at the URL in the comments. Special edition of my podcast. #TaxTwitter

[Strike Tax Advisory @strike_tax]

Hey, CPAs—we know it's the busy time of year! 🕑

Strike wants to help you save time, while also helping you earn #ResidualIncome.

We help #CPAs, #accountants, and many others offer R&D services, without any hassle or risk. 🤝

[Strike Tax Advisory @strike_tax]

Attention Businesses!

Maximize tax savings with our R&D Tax Credit Calculator!

You may be owed cash refunds from prior years!

Beware: 2019 R&D tax credits will expire soon..

See how much you could be saving!

#TaxCreditCalculator #ResearchCredit

https://t.co/kiNsKytB11

[Strike Tax Advisory @strike_tax]

The #TCJA is changing taxes for businesses that do #ResearchAndDevelopment.

With Section 174 amortizing R&E expenses, many companies will face a substantial tax burden.

Are you prepared for the TCJA changes?

https://t.co/CnnMta3bRv

[Strike Tax Advisory @strike_tax]

A common misconception is that businesses believe they don't qualify for the #ERTC if they took out #PPP loans, but they can take advantage of both.

⚠️ Employers cannot include wages in the ERTC that were paid for using PPP funds.

https://t.co/0GdMVSCHXH

#SmallBusiness #SMBs

[Strike Tax Advisory @strike_tax]

Tax Credits vs. Tax Deductions:

#Tax credits generally save you more in taxes than deductions. Deductions only reduce your taxable income, while credits reduce your total #taxes.

Learn more from @NerdWallet: https://t.co/AlTrDAQkTp #TaxTwitter #MoneyTips

[Strike Tax Advisory @strike_tax]

A common misconception is that businesses believe they don't qualify for the #ERTC if they took out #PPP loans, but they can take advantage of both.

⚠️ Employers cannot include wages in the ERTC that were paid for using PPP funds.

https://t.co/MTjuG4ls5P
#SmallBusiness #SMBs

[Strike Tax Advisory @strike_tax]

We take a dive deep into R&D #TaxLaw, so you don’t have to.

The 2017 #TCJA changed the way R&E expenditures are capitalized and amortized.

Are you prepared for the TCJA changes? Let’s talk!

https://t.co/SkWlioetEh

[Strike Tax Advisory @strike_tax]

Tax tips your #SmallBusiness needs to know about:

🌟Research small business tax credits (like the R&D tax credit or the ERTC)
🌟Save every receipt
🌟Take the qualified business income deduction
🌟Set up a retirement account

@themotleyfool https://t.co/gD7c1PZf7T

[Ben | The SaaS CFO @TheSaaSCFO]

Watch the replay here: https://t.co/iGWGIy3bI8 or contact me if you'd like to contact Tyler directly.

[Ben | The SaaS CFO @TheSaaSCFO]

60 SaaS co's joined our webinar yesterday on the US R&D tax credit. Every #SaaS should claim this if eligible.

Tyler and @strike_tax stole the show. We covered how you qualify, what expenses qualify, and the latest tax law changes.

Catch the replay at the URL in the comments.

[Strike Tax Advisory @strike_tax]

Most people think startups can’t take advantage of the #ResearchAndDevelopment (R&D) tax credit.

❌ This isn’t true.

#Startups aren’t required to demonstrate success. In fact, the tax credit acts as an incentive to cushion the financial risk on the path toward #innovation.

[Strike Tax Advisory @strike_tax]

The R&D #TaxCredit is a way for companies to reduce their income tax liability— saving companies money to reinvest in further #growth. 📈

Even if you never introduced new processes to the market, your time and effort spent can qualify.

https://t.co/BSEmMZDas9 #Innovation

[Strike Tax Advisory @strike_tax]

Today is the day! 🎉

Join us in 30 mins as @TheSaaSCFO and Tyler Kem, Co-Founder and President of Strike, cover the basics of R&D and how to claim it.

You don't want to miss it!

Join us now: https://t.co/4LIntatM6r

[Ben | The SaaS CFO @TheSaaSCFO]

US SaaS Founders...are you claiming the R&D tax credit?

If not, join me and @strike_tax as we cover the basics of this credit and how to claim it.

Register at the URL in the comments. #saas #tax

[Strike Tax Advisory @strike_tax]

✔️ Section 174 categorizes business expenditures related to R&E

✔️ Section 41 defines Qualified Research Expenses (QREs) & how to calculate the R&D Tax Credit

✔️ R&D tax credit calculation remains the same as before!

Are you prepared for the TCJA changes?

Let’s talk!

#TaxLaw

[Strike Tax Advisory @strike_tax]

We dive deep into R&D tax law, so you don’t have to.

The 2017 TCJA changed the way R&E expenditures are capitalized and amortized.

You may have seen an increase in discussions around section 174 and section 41. This is how we explain 👇

[Strike Tax Advisory @strike_tax]

Every business is unique & computerized claims can miss valuable business tax credits.

At Strike, we don't like to miss anything—especially the money you're owed.

You'll get an expert tax advisor to ensure you get the most accurate claim.

https://t.co/5YpDVTBTxS