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| What Some People Are Saying About Us | |
"Paradigm Partners made the daunting process of preparing a competitive bid for limited QDTP credits very easy for us and took the load off of my team. It was little work on my Company's part to supply Paradigm with the materials that they requested from us and they in turn were able to win both tax credit applications that we applied for. We were thrilled!"
GRANT AMOUNT AWARDED: $468,499.39
-Andrew Reaume
President & CEO
MELIOR DISCOVERY, Inc. |
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FROM AN EXPERT
"The Returning Heroes Tax Credit and Wounded Warriors Tax Credit programs will provide businesses the incentive to hire and train veterans after they leave active military duty when the businesses might have otherwise gone with candidates who were already trained."
- Jim Foster, J.D.
National Tax Manager
Paradigm Partners |
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Inside Paradigm Partners
Paradigm Partners is pleased to acknowledge Lauren Meagher and Emrick Ensey for all their hard work gathering donations for Paradigm Partners' 2nd Annual Adopt a Family Event. The two adopted families were humbled by the Thanksgiving Day feast donations. Thank you to all who donated and participated.
This December Lauren Meagher has organized a Silent Auction and Raffle to benefit the Paradigm Partners' Adopted Families. We encourage you to donate cash and auction items to help these families in need.
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About Us
Paradigm Partners is an international consulting firm specializing in complex federal and state tax and funding incentives, for both public and private entities, across a host of industries. Paradigm Partners has distinguished itself amongst its peers by adopting a low cost, high return service model that employs a tailored two-phase approach; the Company's business development and professional teams work hand in hand to provide accurate analyses, establish effective client dialogues, and guarantee rapid turnaround times.
Paradigm's staff is comprised of a highly selective pool of intellectual property and tax attorneys, engineers, PhDs, and CPAs. Company personnel utilize not only years of industry expertise, but their numerous academic achievements from distinguished institutions across the globe.
The Company's core consulting portfolio includes Global R&D Tax Credits Analyses, Hiring and Location- Based Incentives, Unemployment Claims Management, IC-DISC, Domestic Production Deduction, Grant and Non-dilutive Funding Advisory, Cost Segregation Studies, Tax Controversy, Patent and Audit Defense Services. |
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CMS Innovation Challenge
Grant to Improve Quality and Cost of HealthCare
On November 14th 2011, The Center for Medicare and Medicaid announced the Health Care Innovation Challenge Grant Program. This program is designed to lower the cost of healthcare while improving the quality of care and overall health of patients with a focus on Medicare, Medicaid, and rural healthcare recipients.
TIME IS RUNNING OUT
In an unprecedented time frame, CMS intends to fund grant projects in MARCH of 2012. The competition will be intense. Grant awards are expected to range from $1 million to $30 million depending on the project and its impact. Letters of Intent must be filed by December 19th, 2011 and Applications are due on January 27th, 2012.
They are calling this grant a "CHALLENGE" for a very good reason. With the corresponding holidays, as well as other year-end obligations, your organization will be deeply challenged to prepare, let alone WIN, a grant program with deadlines approaching so quickly.
DON'T FACE THIS CHALLENGE ALONE
This opportunity is truly unprecedented, and you need help from experts in the field. Paradigm Partners and our experts in the Grant and Government Incentives Industry are more than prepared to provide our scientific, legal, and engineering expertise to your organization and prepare the application for you-an application with Higher Probabilities of Success!
A little over a year ago Paradigm assisted Organizations with the Qualified Therapeutic Discovery Project (QTDP) Grant and had a success rate over 95% on its applications; among the highest in the industry.
For more information contact Karim Solanji at 281-558-7100 x-109 or via Email.
A RARE, NO-RISK, HIGH-REWARD OPPORTUNITY FOR YOUR ORGANIZATION
Paradigm Partners, with its complement of Intellectual Property Attorneys, Engineers and Scientific Ph.D.'s, are mobilized to make sure that your organization not only maximizes this opportunity, but has an application that stands out with the highest chance of obtaining funding based on its merits... read more |
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Learn More About the CMS Grant Challenge and
Ask An Expert Questions
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Congress Enacts Returning Heroes and Wounded Warrior Tax Credits
On November 21, 2011, the President signed into law two new tax credits:
- The Returning Heroes Tax Credit is a new hiring tax credit that will provide an incentive for businesses to hire unemployed veterans.
- Short-term unemployed: A new credit of 40 percent of the first $6,000 of wages (up to $2,400) for employers who hire veterans who have been unemployed at least 4 weeks.
- Long-term unemployed: A new credit of 40 percent of the first $14,000 of wages (up to $5,600) for employers who hire veterans who have been unemployed longer than 6 months.
- The Wounded Warrior Tax Credit will double the existing tax credit for long-term unemployed veterans with service-connected disabilities.
- Maintain the existing Work Opportunity Tax Credit for veterans with service-connected disabilities (currently the maximum is $4,800).
- A new credit of 40 percent of the first $24,000 of wages (up to $9,600) for firms that hire veterans with service-connected disabilities who have been unemployed longer than 6 months.
This is the latest of a series of executive actions to help get veterans back to work. Paradigm's Hiring & Location Incentives Division will be working closely with clients to take full advantage of this incentive and help our veterans find new employment... find out more
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Valant & Company's
"Lead and Manage! The Definitive Guide for Getting the Results You Want"
Editor's Note: We are pleased again this year to feature valuable how-to advice and counsel from one of America's leading business performance improvement experts, Laurence B. Valant, President & CEO of Valant & Company. Here and in future newsletters, we will be providing our readers with excerpts from Larry's new book, "Lead and Manage! The Definitive Guide For Getting the Results You Want", which he co-authored with Valant & Company Partner Gayle W. Hustad. "Lead and Manage!" is available through Barnes & Noble, or can be ordered at www.valantco.com.
Create a Solid Compensation Strategy That Rewards Leadership at All Levels
The primary objective of the leader is to grow the value of the enterprise in both the short and long run. The leader and his team must be rewarded for incremental growth in corporate value as measured by residual income (RI) and no other means. Other more commonly used measures such as EBITDA, external stock price, and other return ratios do not accurately measure how the leader and the team are functioning in terms of meeting this primary objective because they do not track the true growth in economic value. Measuring the growth in enterprise value using RI is rigorous, quantitative and reflects reality.
Whether determining annual bonuses for top executives, profit-sharing for all employees or stock option plans, the compensation systems for an organization must be based on incremental growth in corporate value as measured by residual income. Such compensation packages will be based on achievement of specified RI goals for the five-year targets contemplated in the vision and specified in the strategic and business plans. If a company has two to three years of negative RI followed by two to three years of positive RI (impacted by the implementation of effective leadership fundamentals), the final years will achieve positive RI and therefore, the cumulative RI number will most likely be positive - or, at the worst, trending to positive.
Measuring performance based on the growth and value of the enterprise is simple, straight forward and absolutely irrefutable. RI as the performance measurement can be applied successfully to the private or public sector. RI is the single best measure of the true economic profit of an enterprise, both in the short and long run, and the best predictor of long-term company value.
The University of Chicago Graduate School of Business has for decades studied various financial and performance measures to identify the best predictor of long term company value. Researchers there found RI, or in their terminology, Economic Value Added (EVA), to have the highest reliability and validity as a predictor of long term company value regardless of company size, industry or economic sector. When rigorously applied, residual income not only provides a true and reliable measure of growth and company value, but also provides the best method for compensating management on an annual and long-term basis. Logically, it follows that RI is the best measure of leadership and management competence.
Guidelines for implementing a compensation system:
- Establish financial goals that reflect value growth of the enterprise and can be measured quantitatively
- Reward the CEO (and other relevant top management) for growing the value of the enterprise as measured rigorously by residual income
- Provide a reward system that measures and evaluates performance quantitatively. This system will include:
- Clarification and quantification of expectations for all staff
- Quantitative standards of performance
- A formalized approach to performance reviews
- The leader/CEO must set targets for the following:
- Annual salary reviews to provide merit increases
- Promotional increases based on increased responsibility for contributing to residual income
- Annual bonuses based on overall corporate performance and specific business unit performance of each individual
Remember, a well thought out, fair compensation system will attract and retain quality people.
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