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BEGIN:VEVENT
DTSTART:20230809T180000Z
DTEND:20230809T190000Z
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SUMMARY:How To Secure Tax Credits R&D
DESCRIPTION:Webinar for NJMEP clients to learn about How to Secure Tax Credits and Incentives such as R&D Tax credits\, EPAct 179D and Cost Segregation. There are countless challenges\, and one big issue is having a lack of cash on hand. We will be discussing strategies to help New Jersey manufacturers secure more capital in a time where nearly everyone is struggling to keep their doors open and see R&D Tax Credits as a valuable option. Manufacturers are surprised to find out how many of their day-to-day activities can be considered R&D. We will discuss the EPAct 179D Tax Deductions for energy efficiency projects. Also covered during this webinar will be Cost Segregation for new construction and renovations.\n\n\n\nSign up for our webinar and find out what kind of capital you might expect to secure or learn how simple securing your Tax Credits can be with the right team behind you.\n\n\n\nAbout Course:\n\n\n\nWebinar for NJMEP clients to learn about R&D Tax credits and ERTC Credits - There are countless challenges\, and one big issue is having a lack of cash on hand. We were discussing strategies to help New Jersey manufacturers secure more capital in a time where nearly everyone is struggling to keep their doors open and saw R&D Tax Credits as a valuable option. Manufacturers are surprised to find out how many of their day-to-day activities can be considered R&D.\n\n\n\nThe Employee Retention Tax Credit (ERTC) is a refundable payroll tax credit available to businesses and nonprofit organizations. The ERTC was initially offered to those who experienced a total or partial shutdown to comply with government orders or experienced a 50% reduction in gross receipts (compared to the same quarter in 2019). The credit was worth $5\,000 per eligible employee per year\, resulting in savings by reducing payroll taxes. Unfortunately\, Paycheck Protection Program (PPP) recipients could not participate initially.\n\n\n\nNEW SAVING OPPORTUNITIES IN 2021 and Beyond.\n\nThe COVID-19 relief legislation passed at the end of 2020 and again in March of 2021 not only extended the ERTC but made several changes\, including expanded eligibility\, increased savings\, and the addition of a retroactive provision for PPP loan recipients. The ERTC has been extended through December 31\, 2021 (additional extensions expected). It increases the per employee maximum per year to $28\,000 and expanding eligibility to those with a 20% reduction in gross receipts. Finally\, small businesses can also receive a credit advance for the expected amount of savings.\n\n\n\nRecent changes to the ERTC implemented through the American Rescue Plan Act extend the credit through the end of 2021 and expand eligibility. Now companies classified as start-up recovery businesses and those designated as severely financially distressed can achieve even greater savings. NJMEP has expert ERTC resources who will present at this complimentary event. They will be able to provide the necessary advice for you to determine eligibility of ERTC and if eligible\, NJMEP will work with you to ensure you receive the maximum credit amount.\n\n\n\nSign up for our webinar and find out what kind of capital you might expect to secure or learn how simple securing your Tax Credits can be with the right team behind you.\n\n\n\n\n\nPlease contact Kathleen Baldwin\, Sales Support Manager at NJMEP with any questions or need of further assistance. kbaldwin@njmep.org 973-998-9801 ext. 211
X-ALT-DESC;FMTTYPE=text/html:Webinar for NJMEP clients to learn about How to Secure Tax Credits and Incentives such as R&amp\;D Tax credits\, EPAct 179D and Cost Segregation. There are countless challenges\, and one big issue is having a lack of cash on hand. We will be discussing strategies to help New Jersey manufacturers secure more capital in a time where nearly everyone is struggling to keep their doors open and see R&amp\;D Tax Credits as a valuable option. Manufacturers are surprised to find out how many of their day-to-day activities can be considered R&amp\;D. We will discuss the EPAct 179D Tax Deductions for energy efficiency projects. Also covered during this webinar will be Cost Segregation for new construction and renovations.<br />\n<br />\nSign up for our webinar and find out what kind of capital you might expect to secure or learn how simple securing your Tax Credits can be with the right team behind you.<br />\n<br />\nAbout Course:<br />\n<br />\nWebinar for NJMEP clients to learn about R&amp\;D Tax credits and ERTC Credits - There are countless challenges\, and one big issue is having a lack of cash on hand. We were discussing strategies to help New Jersey manufacturers secure more capital in a time where nearly everyone is struggling to keep their doors open and saw R&amp\;D Tax Credits as a valuable option. Manufacturers are surprised to find out how many of their day-to-day activities can be considered R&amp\;D.<br />\n<br />\nThe Employee Retention Tax Credit (ERTC) is a refundable payroll tax credit available to businesses and nonprofit organizations. The ERTC was initially offered to those who experienced a total or partial shutdown to comply with government orders or experienced a 50% reduction in gross receipts (compared to the same quarter in 2019). The credit was worth $5\,000 per eligible employee per year\, resulting in savings by reducing payroll taxes. Unfortunately\, Paycheck Protection Program (PPP) recipients could not participate initially.<br />\n<br />\nNEW SAVING OPPORTUNITIES IN 2021 and Beyond.<br />\nThe COVID-19 relief legislation passed at the end of 2020 and again in March of 2021 not only extended the ERTC but made several changes\, including expanded eligibility\, increased savings\, and the addition of a retroactive provision for PPP loan recipients. The ERTC has been extended through December 31\, 2021 (additional extensions expected). It increases the per employee maximum per year to $28\,000 and expanding eligibility to those with a 20% reduction in gross receipts. Finally\, small businesses can also receive a credit advance for the expected amount of savings.<br />\n<br />\nRecent changes to the ERTC implemented through the American Rescue Plan Act extend the credit through the end of 2021 and expand eligibility. Now companies classified as start-up recovery businesses and those designated as severely financially distressed can achieve even greater savings. NJMEP has expert ERTC resources who will present at this complimentary event. They will be able to provide the necessary advice for you to determine eligibility of ERTC and if eligible\, NJMEP will work with you to ensure you receive the maximum credit amount.<br />\n<br />\nSign up for our webinar and find out what kind of capital you might expect to secure or learn how simple securing your Tax Credits can be with the right team behind you.<br />\n<br />\n<br />\nPlease contact Kathleen Baldwin\, Sales Support Manager at NJMEP with any questions or need of further assistance. kbaldwin@njmep.org 973-998-9801 ext. 211
LOCATION:Virtual via Zoom
UID:e.2857.1434
SEQUENCE:3
DTSTAMP:20260515T035321Z
URL:https://business.shccnj.org/events/details/how-to-secure-tax-credits-incentives-r-d-1434
END:VEVENT

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