We live in a digital environment, and technology is very much a part of the fabric of life as we know it in the 21st century. Today nearly anyone has the ability to create and market an IT based product whether it be a modification to an existing system or a smart phone app, the barrier to enter the IT business has fallen. Entrepreneurs in the industry may or may not know about the benefits and pitfalls of IT commerce across the U.S. Having a professional that knows how to take advantage of specific provisions within the state and federal tax codes can make a huge contribution to the bottom line. Multistate Tax Resources, LLC understands this and has the professional tools available to help produce financial efficiencies such as:
- Domestic Production Activities Deduction
- State Nexus Issues
- State and Local Tax Issues
- R&D Tax Credits
- State Development Credits
- Employment Credits
- Multistate Tax Planning
- Business and Individual Consulting and Tax Planning
- Consulting and Assisting in the Purchase or Sale of an Existing Business