News from Paradigm Partners

In This Issue

Don't Lose 2005 R&D Tax Credits - Deadline Approaching

Paradigm Partners Announces an Advanced R&D Tax Credits Webinar

Staying Strong in the Recession - and Beyond

FREE R&D Tax Credit Webinars

Don't Lose Your 2005 R&D Tax Credits - Deadline Approaching

By Saqib Dhanani, Director, Paradigm Partners

With tax season upon us and tax filing deadlines approaching, there is an important deadline approaching for companies interested in filing for the R&D Tax Credit.

One of the great benefits of the R&D Tax Credit is that companies that qualify for the credit and have not been taking it can go back 3 open tax years and claim those missed incentives. Now because this is a credit and not a deduction, by amending the returns to reflect for the credit that should have been taken, the company is essentially claiming that overpayments have been made in taxes and refund check will be issued by the IRS.

That's the good news, the bad news is a statutory deadline and if you miss that deadline, you have lost the credits forever.

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Paradigm Partners Newsletter

January, 2009

Greetings

Dear :

The purpose of our newsletter is to keep you informed and up-to-date on the latest regarding R&D Tax Credits, Cost Segregation, other tax related issues, Business Development and Personal Development.

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Paradigm Partners

Announces

Advanced R&D Tax Credits Webinar

In an effort to improve on educating the marketplace about the R&D Tax Credit, Paradigm Partners has created an Advanced R&D Tax Credits Webinar.

A review of our evaluation forms of our current webinar (Introduction to the R&D Tax Credit) uncovered a need for an advanced webinar for those who are already familiar with the tax incentive.

Attendees will have the opportunity to gain knowledge of current tax law, regulation modifications, requirements and resources available to maximize ROI for your client and your firm.

Key topics include the following:

Discover what clients qualify and others you may not have anticipated;
Discover ways to uncover previously unrealized cash/credit benefits;
Define what activities qualify for the R&D credit;
Learn what expenses are considered to be qualified expenditures;
Learn the nuances of calculating the R&D credit;
Discuss why proper technical documentation is now required;
Evaluate the impact of new regulations on your firm and your client;
Understand why the IRS raised the R&D credit to a Tier 1 issue;
Compare several R&D Tax Credit Case Studies;
Review how to properly meet the IRS' strict standards for reviewing the credit while preparing the R&D study for your client;
Get a general overview of some of the existing State R&D Tax Credits and;
Explore a potentially substantial new revenue source for your firm.

If you are interested in attending one of our coming webinars, just click on this link to see the schedule and register:

Staying strong in the recession - and beyond

Laurence B. Valant

Valant & Co.

Like a dank, cold fog, the economic downturn has rolled across the national business landscape. Some in corporate America saw it coming and prepared by altering their business strategies, becoming lean, reassessing every move. But others - probably the majority of you - remained focused on operating for cash flow and near-term results, failing to take steps to prepare for the change in weather.

For both sets of business cultures, however, now is always the time to embrace a process that we have proven over decades will help executives in all sectors of business grow revenues, strengthen organizations and sustain profitable operations - regardless of economic conditions.