News & Blog

  For more information contact: Stephen J. Powers, President Intrepid Advisors LLC Phone: 508-926-2236 spowers@intrepid-advisors.com FOR IMMEDIATE RELEASE: Intrepid Advisors LLC Relocates Corporate Headquarters to Marlborough, MA MARLBOROUGH, MA – January 20, 2012 – Intrepid Advisors LLC, a leader in providing specialized research and development tax credit services, announces they have relocated their corporate headquarters …

A new study commissioned by the R&D Credit Coalition concludes that the R&D tax credit does increase research spending and creates jobs in the United States. The report contends that the impact of the tax credit would be even greater if Congress and the President were to strengthen the credit and make it permanent. Among …

Businesses located throughout the Northeast may still have time to claim a research tax credit for tax year 2010 using either the regular or “alternative simplified credit” (ASC) method. As a result of Hurricane Irene, businesses that had obtained an extension until Sept. 15 to file their 2010 returns, and individuals and businesses that received …

Eric Spiegel, president and chief executive officer of Siemens Corporation discusses the importance of making R&D tax credit permanent: Thirty years ago, the United States introduced the research and experimentation tax credit (sometimes called the research and development — or R&D — tax credit), making the U.S. the first nation to use its tax code …

On May 3, 2011, Democratic House Member John Carney of Delaware introduced a bill that would make the Research Tax Credit permanent. The bill entitled H.R. 1693 – Research and Development Tax Credit Extension Act of 2011, is co-sponsored by Republican Jim Renacci of Ohio. The bill, which was referred to the House Committee on …

Kevin Brady, a Republican member of the House of Representatives from Texas, introduced a bill on March 8, 2011 that would extend the Research Tax Credit through December 31, 2012. The bill entitled H.R. 942 – American Research and Competitiveness Act of 2011, has 45 co-sponsors comprised of both Republicans and Democrats, including Richard Neal …

In September 2010, President Obama signed into law the Small Business Jobs Act of 2010. The bill is particularly good news for innovative small businesses that could not previously benefit from the Research Tax Credit because of AMT limitations. The Small Business Jobs Act contains a provision (Section 2013) that permits the shareholders of companies …

In an effort to increase innovation while retaining jobs (and increasing jobs) here is the U.S., President Obama has included the cost of making the R&D Tax Credit permanent in his budget proposal for Fiscal Year 2010. In the past, the R&D Tax Credit has had to be approved every year. As of October 2008, …

Coming in 2009: Changes that will affect your tax bill. President Barack Obama has big plans for tax reform, and some of those plans are aimed at giving small business owners tax relief. Tax experts say we’ll likely see a major tax bill passed this year, which could apply retroactively to the beginning of 2009. …

WESTBOROUGH, MA, March 6, 2009 – CCR Cost Recovery Services LLC, a leader in providing specialized research and development tax credit services, announces a change in ownership and company name. Effective January 1, 2009 controlling interest of the firm was conveyed to Managing Director, Steve Powers, who became owner of Intrepid Advisors LLC, the new …