Wednesday, May 22 2013 9:56 PM EDT2013-05-23 01:56:44 GMT
Nearly two years ago, Deborah Drewniak's family wasn't sure if she would be around after being severely injured in a texting and driving accident. Instead of focusing on herself, Drewniak wants to helpMore >>
A Vermont woman seriously injured by a teen, who was texting and driving, is trying to share her story with as many people as she can.More >>
Wednesday, May 22 2013 9:50 PM EDT2013-05-23 01:50:08 GMT
Magic Hat has filed a lawsuit against West Sixth Brewing because of its labeling. The Vermont based company says its copyrighted #9 label looks a lot like the Kentucky based company's products. MagicMore >>
Magic Hat has filed a lawsuit against West Sixth Brewing because of its labeling.More >>
Wednesday, May 22 2013 9:47 PM EDT2013-05-23 01:47:21 GMT
Between the deep blue seas off the horn of Africa and the Hollywood hills where film makers will tell his story, is Underhill Vermont,where Richard Phillips can be home and can be mostly private. Humble,More >>
Between the deep blue seas off the horn of Africa and the Hollywood hills where film makers will tell his story, is Underhill Vermont,where Richard Phillips can be home and can be mostly private.More >>
Wednesday, May 22 2013 7:29 PM EDT2013-05-22 23:29:35 GMT
We're celebrating a very special birthday tonight - the American Cancer Society is turning 100! As you may know, FOX44/ABC22 has teamed up with the organization because one of our own recently had a cancerMore >>
We're celebrating a very special birthday tonight - the American Cancer Society is turning 100!As you may know, FOX44/ABC22 has teamed up with the organization because one of our own recently had a cancer diagnosis. She's fortunately one of the ones who caught it early, and is doing well. More >>
Wednesday, May 22 2013 5:43 PM EDT2013-05-22 21:43:07 GMT
As boaters take to the water, biologists with the Vermont Fish and Wildlife Department want to remind people to use the spread prevention method. The recommended method will help reduce the spread ofMore >>
As boaters take to the water, biologists with the Vermont Fish and Wildlife Department want to remind people to use the spread prevention method.More >>
Wednesday, May 22 2013 3:34 PM EDT2013-05-22 19:34:21 GMT
The American Cancer Society is celebrating its 100th birthday. A press release says of the estimated 4,060 people diagnosed with cancer this year in Vermont, about 1 in 4 will be served with American CancerMore >>
The American Cancer Society is celebrating its 100th birthday.More >>
Wednesday, May 22 2013 3:02 PM EDT2013-05-22 19:02:05 GMT
The traffic lights at Dorset Street and Williston Road are malfunctioning. Police say the South Burlington Highway Department is working on fixing the problem. It may take crews a few more hours to fix.More >>
The traffic lights at Dorset Street and Williston Road are malfunctioning.More >>
Wednesday, May 22 2013 2:37 PM EDT2013-05-22 18:37:07 GMT
Here are some thunderstorm safety tips from the FOX44 & ABC22 SkyTracker weather team. A Severe Thunderstorm Watch means that conditions are favorable for storm development. As a result, you should remainMore >>
Here are some thunderstorm safety tips from the FOX44 & ABC22 SkyTracker weather team.More >>
Wednesday, May 22 2013 1:47 PM EDT2013-05-22 17:47:05 GMT
A boiling water advisory has been issued for some Montreal residents Wednesday. According to CBC, the boil water advisory, affecting more than 1 million Montrealers, covers all areas south of the MetropolitanMore >>
A boiling water advisory has been issued for some Montreal residents Wednesday.More >>
Wednesday, May 22 2013 11:51 AM EDT2013-05-22 15:51:34 GMT
The body of a Vermont man was found floating offshore of Lower Matecumbe Key, Florida Sunday. Florida police say the body was identified Monday as 55-year-old Mark Parent, of Enosburg, Vt. Someone calledMore >>
The body of a Vermont man was found floating offshore of Lower Matecumbe Key, Florida Sunday. More >>
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SICA to provide start-ups and young businesses access to the R&D tax credit for the first time
HOUSTON, March 13, 2013 /PRNewswire/ -- alliantgroup is excited to announce that Dhaval Jadav, alliantgroup's CEO, and Dean Zerbe, alliantgroup's National Managing Director and former Senior Tax Counsel to the U.S. Senate Committee on Finance, have been published in the Harvard Business Review, giving insight into the promising Start-up Innovation Credit Act of 2013 (SICA).
"Right now, the tax code favors the big guys. SICA encourages innovation where it happens, at start-ups," Mark W. Everson, alliantgroup Vice Chairman and former IRS Commissioner, said. "alliantgroup has already helped thousands of companies obtain over $2.5 billion in tax incentives, and we look forward to expanding our reach to more businesses in the future."
For a drop in the bucket compared to the overall R&D tax credit (approximately $9-10 billion a year), SICA will cost approximately $160 million dollars. The act allows start-ups and young businesses to count not just income taxes paid, but other business taxes as well (e.g., payroll), towards the R&D tax credit.
"Start-ups and young businesses are the keys to creating jobs, and SICA can help immediately. As Tax Counsel for the Senate Finance Committee, I listened to many speeches from members on both sides of the aisle praising the R&D tax credit because of its ability to grow and support the economy," Zerbe said.
alliantgroup's mission is to help CPA firms and the businesses they advise take full advantage of the many available government sponsored tax incentives – infusing cash to help businesses compete successfully and strengthen their bottom line.
"The current R&D tax credit supports exactly the kind of innovation our economy needs and start-ups should not be excluded. This is not just a credit for basic science (lab coats and test tubes) but also for applied science (making a product better, manufacturing it greener, etc.)," says Jadav. "Supporting small incremental steps is the reality of innovation and technological change – exactly what the R&D tax credit is about."
Zerbe and Jadav agree that "as Washington continues to search for ways to create jobs and encourage innovation, SICA is a smart idea ready on the shelf."
About alliantgroup alliantgroup is the nation's premier provider of specialty tax services. Headquartered in Houston, TX, with offices across the country including California, New York, Illinois, and Washington, D.C., alliantgroup works with accountants and their clients to ensure that they receive the full benefits of all available federal and state government-sponsored tax credit and incentive programs. www.alliantgroup.com | 800.564.4540