R&D Tax Credit Seminar to Help Businesses Recover Money
Tech Collective and TMG Consulting Group event will explore R&D tax credit program, how to take advantage and its impact on business.
Providence, RI, October 07, 2009 --(PR.com)-- Tech Collective, Rhode Island’s Information Technology and Bioscience Industry Association, is partnering with TMG Consulting Group to provide a how-to R&D tax credit seminar. Open to all businesses and industries, the seminar will be held on October 29, 2009 from 8:00 – 10:30 am at the Providence Marriot Hotel on Orms Street.
The seminar will provide specifics of the R&D tax credit program and help attendees understand how they can use the program to reduce their Federal and State tax liabilities, preserve cash flow and increase the asset value of their company. TMG Consulting Group will outline the types of R&D costs and activities that are eligible, provide an overview of the recent changes to the tax code and explain the potential impact on a business’s bottom line.
TMG will also be on hand to answer attendee questions. CEOs, CFOs and Research and Development Executives across all industries are encouraged to attend.
“Oftentimes companies do not even realize they qualify for deduction and reimbursement programs such as the R&D tax credit program,” said Kathie Shields, Executive Director of Tech Collective. “TMG reports that 62% of companies who are eligible for R&D tax credits to not take advantage of them. That is a huge disadvantage, especially in our current economic state. Tech Collective is proud to partner with TMG and offer all Rhode Island businesses an extra hand retaining their cash flow and weathering the economic storm.”
“Taking advantage of what is available in the R & D Tax Incentive Program can predict a company’s future,” said Paul Boutin, CEO, TMG Consulting Group. “Creating cash flow, maintaining employment and allowing companies to continue to innovate are critical tools for success in today’s economy.”
A buffet breakfast will be served during networking time before the event. The cost to attend is $45.00 for Tech Collective Members and $65.00 for non-members. For more information and to register, please visit www.tech-collective.org.
About TMG Consulting:
TMG Consulting Group is a full-service R & D Tax Incentive company. With over 1 billion dollars in expenses claimed in over 20 years of business, TMG is a global leader in generating cash flow for clients engaged in development work. Our goal is to identify your eligible R&D projects and costs in the most efficient manner possible with the least disruption to your organization. We provide audit-ready documentation of your qualifying R&D costs to use in the calculation of your corporate tax as well as offer services including audit defense, contract review and state and federal regulatory representation. For more information about TMG, please visit www.rdorganizer.com.
About Tech Collective:
Tech Collective is Rhode Island’s Information Technology and Bioscience Industry Association. Uniting industry, government and academic stakeholders, our mission is to inspire, engage, educate and employ a high-skill, high-wage Knowledge Economy in Rhode Island. Since its transition from the Rhode Island Technology Council (RITEC) in 2004, Tech Collective has received more than $6M in federal, state and private grant funding to foster industry collaboration, awareness and development through events and initiatives including: GRRL Tech, Women in Technology, Bio-Ed, Tech Laureates’ Night and STEM-based education and training programs for K-16 students as well as incumbent and transitioning workers. For more information about Tech Collective, please visit www.tech-collective.org.
Contact:
Giselle LaFrance
Manager of Media Relations
Tech Collective
401.829.8321
glafrance@tech-collective.org
###
The seminar will provide specifics of the R&D tax credit program and help attendees understand how they can use the program to reduce their Federal and State tax liabilities, preserve cash flow and increase the asset value of their company. TMG Consulting Group will outline the types of R&D costs and activities that are eligible, provide an overview of the recent changes to the tax code and explain the potential impact on a business’s bottom line.
TMG will also be on hand to answer attendee questions. CEOs, CFOs and Research and Development Executives across all industries are encouraged to attend.
“Oftentimes companies do not even realize they qualify for deduction and reimbursement programs such as the R&D tax credit program,” said Kathie Shields, Executive Director of Tech Collective. “TMG reports that 62% of companies who are eligible for R&D tax credits to not take advantage of them. That is a huge disadvantage, especially in our current economic state. Tech Collective is proud to partner with TMG and offer all Rhode Island businesses an extra hand retaining their cash flow and weathering the economic storm.”
“Taking advantage of what is available in the R & D Tax Incentive Program can predict a company’s future,” said Paul Boutin, CEO, TMG Consulting Group. “Creating cash flow, maintaining employment and allowing companies to continue to innovate are critical tools for success in today’s economy.”
A buffet breakfast will be served during networking time before the event. The cost to attend is $45.00 for Tech Collective Members and $65.00 for non-members. For more information and to register, please visit www.tech-collective.org.
About TMG Consulting:
TMG Consulting Group is a full-service R & D Tax Incentive company. With over 1 billion dollars in expenses claimed in over 20 years of business, TMG is a global leader in generating cash flow for clients engaged in development work. Our goal is to identify your eligible R&D projects and costs in the most efficient manner possible with the least disruption to your organization. We provide audit-ready documentation of your qualifying R&D costs to use in the calculation of your corporate tax as well as offer services including audit defense, contract review and state and federal regulatory representation. For more information about TMG, please visit www.rdorganizer.com.
About Tech Collective:
Tech Collective is Rhode Island’s Information Technology and Bioscience Industry Association. Uniting industry, government and academic stakeholders, our mission is to inspire, engage, educate and employ a high-skill, high-wage Knowledge Economy in Rhode Island. Since its transition from the Rhode Island Technology Council (RITEC) in 2004, Tech Collective has received more than $6M in federal, state and private grant funding to foster industry collaboration, awareness and development through events and initiatives including: GRRL Tech, Women in Technology, Bio-Ed, Tech Laureates’ Night and STEM-based education and training programs for K-16 students as well as incumbent and transitioning workers. For more information about Tech Collective, please visit www.tech-collective.org.
Contact:
Giselle LaFrance
Manager of Media Relations
Tech Collective
401.829.8321
glafrance@tech-collective.org
###
Contact
Tech Collective
Giselle LaFrance, Manager of Media Relations
(401) 829-8321
http://www.tech-collective.org
Giselle LaFrance, Manager of Media Relations
(401) 829-8321
http://www.tech-collective.org
Contact
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