Feels like a system that is deliberatly made to be more punishing for those who can't afford the help or the education to figure things out.
Feels like a system that is deliberatly made to be more punishing for those who can't afford the help or the education to figure things out.
But in this particular tax credit, there's no way for the gov to know automatically what percentage of payroll was spent in qualified R&D expenses, since it's day to day business operations. Which is why we are _forced_ to hire an outside firm and pay them thousands of dollars (when Claude did an even better job), just to analyze how much of our time qualified as R&D expenses.
The problem I have is that I am forced to have to find a firm to do this, and most firms won't even work with companies as small as ours. So then we're stuck and losing out on years of R&D tax credits at the moment, when I really don't need them anymore, to be honest.
IRS> Pay your taxes!
me> ok how much?
IRS> idk you have to figure it out
me> ...ok
IRS> if you get it wrong you goto jail
me> so you don’t know how much I owe?
IRS> no, we do…
me> ...ok
IRS> if you get it wrong you goto jail