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Further
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Sisters are insuring themselves: how finance is the new feminism - cashzilla
According to a study by LifeSearch, the number of women in the UK buying life insurance in the UK has doubled over the last six years. As women are increasingly closing the gender related pay gap and even becoming the main breadwinners in a...
Krusell International announces new cases - David Scheer
Krusell International announces new cases arriving shortly. They are for the following models: Acer n35 GPS Asus P505 HP h6340 Nokia 6020 Qtek 8020 Qtek 9090 Sharp V902sh Siemens S440/S2 Krusell continues to make high quality leather cases for so...
Kick-In-The-Pants Job Search - Teena Rose
Believe it: three obstacles will hold you back from your ideal job -- your résumé, you, and your job-search methods. There’s no hidden formula; there’s no bribery needed; there’s no one standing in front of employment — other than YOU! You’ve...
Before You Dive Into Online Marketing, Get Your Feet Wet - Sharon Fling
My children took swimming lessons this summer. Actually they're called "water confidence" lessons, designed to get non-swimmers comfortable with being in the water. At 5 years old, my kids have a healthy fear of the water, and didn't want to get...
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How to Get Money Back for Your Process and Procedures Investments
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Written By:
Chris Anderson
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Wouldn’t it be nice to get some of your money back that you have invested in developing policies, procedures and processes for your organization? Well, you can with the recently restored tax credit.
$7.6 Billion in Tax Credits are Available
In September 2004, President Bush signed the $146 billion tax cut bill restoring the recently expired business Research & Experimentation Tax Credit. The 18-month renewal of the research and experimentation tax credit, which expired June 30 2004, was the most expensive item with an expected $7.6 billion cost through 2014.
Process Improvement Qualifies
If you are spending money on ISO 9000, six-sigma, lean manufacturing, TQM, or any other initiative focused on improving your products or processes, then you could qualify. This includes software purchases, training courses, labor, and of course the purchase of any Policies, Procedures and Forms products or services.
An Immediate Source of Cash
This is an actual dollar-for-dollar tax credit against your tax liability and not a deduction. You can deduct all costs in the year incurred. And better yet, these regulations are retroactive, which means you can get a refund for previous years.
Requirements to qualify
If you fit these five basic requirements for research, then you might qualify under the latest regulations.
- New or Improved Product, Process or Software. Research must derive ways to improve a product or process such - continued below ...
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as development or improvement of a formula, invention or technique.
Technological. Research objective must be to discover technological information, based upon principals including computer science or engineering.
Research Involves Uncertainty or Risk. It must involve uncertainty or risk associated with the design or method of design achievement, not including general business risk.
Experimentation Process. It must be well-documented and include failed and successful efforts.
Permitted Process. Activity for product or process improvement must relate to a function, performance, reliability or quality.
Your Tax Credits are Waiting for You
There is no better time to obtain ISO auditor training, well-defined process training, business process consulting, or to get the maximum value out of a helpful key like the Management Procedures Value Series. Tax credits may expire again later in 2005, so act before it is too late.
Chris Anderson has over 18 years of sales, marketing and business management experience working with business process design, software and systems engineering for over ten years. He is also co-author of policies and procedures manual products, producing the layout, process design and implementation to increase performance. He is currently the Managing Director of Bizmanualz, Inc.
Visit: http://www.bizmanualz.com/
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Building Your Brand - Traci Hayner Vanover
In today's world of global commerce, branding is not only recommended, it is essential. In the vast array of websites, consumers lose interest quickly. Those few, crucial moments in which they land upon and subsequently peruse your site are key to...
Customer service, everyone say's their's is great - Vern Anderson
Customer service, everyone say's their's is great while a large percentage fail miserably. By Vern Anderson Customer service is probably the most important part of any online business, but many are dropping the ball. This past week (not by design)...
Why Would Anyone Do That in My Meeting? - Steve Kaye
Imagine that you open a meeting by saying, "We need to talk about the budget." And someone responds with, "I named my dog Budget because everyone tells me he's too big." After the laughter subsides, you wonder why anyone would make such a silly...
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