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Tag: Research

Mandatory Capitalization of R&E Expenses – The Impact on Life Sciences Companies

Life sciences companies engage in considerable, and often exclusively in, research and development activity. Not surprisingly, these companies often face unique challenges relating to R&D — from make-or-build vs. buy decisions, contract research and contract development, and manufacturing arrangements — as they progress through the clinical stages to commercial operations. The R&D landscape for life sciences companies is further complicated by additional challenges brought...

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R&D Tax Credits for the Manufacturing Industry

The manufacturing industry alone claims annual R&D tax credits in excess of $7.4 billion. Innovation is driving the manufacturing industry, and the objective of R&D tax credits is to encourage exactly the type of efforts that are at the core of Industry 4.0. You don’t have to be developing new products or engineering brand new manufacturing processes to qualify for the R&D tax credit. If your company is attempting to develop or improve manufacturing processes or products,...

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Does Your Business Qualify for Lucrative R&D Tax Credits?

By Wiss Associate “My company’s not in the business of research and development, so how could we qualify for R&D tax credits?” If that’s what runs through your head when you think of this particular credit, it’s understandable – especially if you don’t have any scientists or many engineers on staff. Or a dedicated research and development department. The truth is, you could earn lucrative federal, state and local tax credits with work that you don’t even think of in conventional...

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Interviewing to Your Full Potential

By Wiss Associate Here’s a quick guide on how to succeed in your next interview! Interview Prep: A great interview starts with preparation. Research the company, find out what they do and find out what their culture is like to see if it’s a good fit. They will ask you what you know about their company during the interview. You can’t prepare for every single question that will be asked but there are a lot of similar questions that companies generally ask and you can prepare for...

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