Networking, Food and Social Time starts @ 6:30pm
Speaker Starts @ 7:00pm to 8:30
Did you know that our government rewards companies for their Research & Development efforts?
Startups can now receive up to $250,000 a year as cash back to their company, regardless of profitability?
Ari Palmer and Jenny Varteressian of Indago will share there knowledge on how you can increase your cash flow with Research & Development (R&D) Tax Credits. R&D Tax Credits often go unclaimed, especially for small growing companies, because the tax code originally benefitted larger more profitable businesses and it was time and cost prohibitive for the overall benefit. But that has changed! The incentive became permanent last year with enhancements to the code. Now, eligible startups performing R&D can use the credits to offset their employer FICA payroll taxes, and use the money however they would like. Ari and Jenny will also go over the most common questions about the incentive opportunity and the necessary steps it takes to reap the benefits your company is due by going over things like:
• What kind of expenses qualify for the credit?
• What kind of information do I need to provide to complete a study?
• How do I go about processing a claim?
• Why didn’t my CPA tell me this?
• What does it cost?
• When can I see money back in my company’s pocket?
• And more!
Lastly, Ari and Jenny will demo Indago’s a new application that makes it easier for startups to claim an R&D credit through a plug and play online interface. Its guided by their tax professionals step by step, and only takes hours to apply for credits versus the traditional weeks or months!
Ari Palmer is the Business Development Director at Indago. She specializes in educating CPAs and innovative companies on their R&D Tax Credit opportunities. While she works with clients in all industries, her main focus has been in tech, and this allowed her to see a big flaw in the claimant pool of the incentive for tech startups. As a result of this, she made it her mission to help develop the rad app to specifically help growing startups benefit from the lucrative incentive.
Jenny Varteressian is a licensed attorney and Senior R&D Manager at Indago. She is instrumental in helping clients substantiate their qualified research activities and expenditures, and skillfully interprets contracts, client financials, projects, and documentation in order to identify valuable R&D Tax Credits. She has worked on companies of all sizes and industries across the country, and ensures that every claim properly meets the tax code’s requirements.