Gaining Clarity: The R&D Tax Credit – Eligibility & Misconceptions

  Topics What Is The R&D Tax Credit? Eligibility Benefits Misconceptions R&D Tax Credit Eligibility: The Four-Part Test Required Documentation Changes to the R&D tax credit in 2022   What is the R&D Tax Credit? The R&D tax credit is available to companies developing improved or … [Read more...]

Realtors in Austin and Real Estate Professionals: Which type of business entity is right for you?

  The Austin Real Estate Investment and Housing markets are benefiting from major forces that are providing unprecedented income opportunities for real estate professionals. From the wave of companies leaving the coasts for more business-friendly states, to the beginning of the ‘Great Reshuffling’ … [Read more...]

How to Form a Nonprofit Organization in Texas

By: James A. Bradley, CPA, MBT(Tax), Tax Manager at Millan and Co, PC, Austin, TX. June, 2019. jim@millancpa.com A nonprofit organization is organized for charitable, educational, or religious purposes, and it can qualify for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. … [Read more...]