Taxes and technology can be complicated, but that doesn’t mean saving money has to be.
Did you know that your company may be able to save money on your taxes by utilizing the Research and Development (R&D) tax credit? If you’re thinking that only companies that have laboratories in their buildings and employees who wear goggles qualify, you might be surprised.
Our guest, Maggie, says it best: “No one thinks about it!”
Maggie Wright, CPA, a specialty tax expert in Warren Averett’s Consulting division, joins our hosts to answer a question she hears often: Can cloud computing save my company money on my taxes?
The short answer is: possibly. In this episode, Maggie explains using cloud computing services, such as Amazon Web Services and Microsoft Azure, very well may make it possible for companies using these services to save a bundle on their taxes.
In this episode of The Wrap, we kick off season five of our podcast, where we’ll dedicate each episode to answering a question that our team of advisors hears frequently from the companies they serve.
At the end of this episode, you’ll be able to:
Mentioned in this episode:
Recommended resources for additional learning:
Listen to additional episodes of Wrap—a podcast by Warren Averett designed to help business leaders access the information that you need, when you need it, in the time that you have, so you can accomplish what’s important to you.