What California Pre-revenue Companies Need to Start Now to Preserve State Net Operating Loss Carryforwards

Tom Brehmer Income Tax, Tax Planning, Tax Services, Tax Strategy

If you are a pre-revenue CA domiciled company with employees in other states, you need to sell something before December 31, 2016. Not sure what to sell? Keep reading… Last week, I went to battle with Big Accounting over the reporting of California net operating loss (NOL) carryforwards. My client has one office… in CA; has 98% of its employees …


Stop Thinking In Absolutes, It’s All About Scope!

Tom Brehmer Project Management Triangle, Tax Planning, Tax Services, Tax Strategy

We have previously shared our thoughts about the meaning of two sides of the project management triangle, cost and time. Now we’ll tackle the third, scope. Yes, scope, not quality. If you thought you memorized the triangle differently in school, you’re probably right. But that was school. This is the real world. If your product or service doesn’t live up …


Attention Start-Ups: Extended R&D Credit Has Unexpected Use

Tom Brehmer Income Tax, Tax Services, Tax Strategy

There’s a newly refreshed federal R&D tax credit waiting for you to take advantage of and I wanted to get you up to speed on it. The research & development tax credit has now been made permanent. The changes take effect immediately. For many start-ups and small businesses, this means you can use this credit to off-set payroll taxes. You see, …