Malo to Speak at Stamford Innovation Center’s Roundtable
Located in the heart of downtown, the Stamford Innovation Center (SIC) supports a diverse community of small business owners, freelancers, innovators, and entrepreneurs by providing resources such as classes, events, and workspace.
Jeff Malo will discuss funding startups with research credits at the May 24, 2016 Innovation Roundtable. The weekly event is held from 6-8:30PM at the Stamford Innovation Center. Many small and start-up businesses operate at a loss. The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) made the research credit a permanent benefit, and enables qualified small businesses to use up to $250,000 of research credits to offset payroll tax liabilities. Until recently, these businesses have been unable to get a current cash benefit from the federal research credit because the credit could only be used to offset federal income tax liability. Businesses conducting research and development with gross receipts under $5 million, should take a second look at the federal research credit and the many state credits that follow the federal rules.
Jeff Malo is a Managing Director in the Andersen Tax US National Tax office, where he focuses on federal and state research credits. He has over 15 years of experience in both tax and government service with extensive industry knowledge in technology and manufacturing, computer sciences, pharmaceuticals, and financial services. His background combines the technical expertise of Big Four consulting, with an in-depth understanding of tax administration. His experience spans the full lifecycle of taxation, from planning and reporting through examination defense and controversy resolution.
May 24, 2016