2 Extended Credits Can
Save Businesses Taxes
on Their 2015 Returns
Protecting Americans from Tax Hikes Act of 2015 (PATH Act)
extended a wide variety of tax breaks, in some cases making
include many tax credits — which are particularly valuable
because they reduce taxes dollar-for-dollar (compared to
deductions, for example, which reduce only the amount of
income that's taxed).
Here are two extended credits that can save businesses
taxes on their 2015 returns:
The research credit. This
credit (also commonly referred to as the "research and
development" or "research and experimentation" credit) has
been made permanent. It rewards businesses that increase their
investments in research. The credit, generally equal to a
portion of qualified research expenses, is complicated to
calculate, but the tax savings can be substantial.
The Work Opportunity credit.
This credit has been extended through 2019. It's available for
hiring from certain disadvantaged groups, such as food stamp
recipients, ex-felons and veterans who've been unemployed for
four weeks or more. The maximum credit ranges from $2,400 for
most groups to $9,600 for disabled veterans who've been
unemployed for six months or more.
Want to know if you might qualify for either of these credits?
Or what other breaks extended by the PATH Act could save taxes
on your 2015 return? Contact us at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,