tax tips

  • This past week had Bowers R&D Associates on the go! We’ve been traveling around the state, meeting innovative businesses, and planning some great events! This week has been anything but slow for the Bowers R&D Associates team. From meeting with our local chamber to talk strategy on young professional empowerment to visiting innovative companies across

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  • Bowers R&D Associates has been busy! We’ve been forging new partnerships, planning events, and finding amazing resources for our clients! The team at Bowers R&D Associates has been incredibly busy this year! From helping clients secure great tax credits to partnering with amazing groups, the team has been working hard to make the Bowers R&D

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  • Bowers R&D Associates invites you to join us for an evening of networking and learning. Bowers R&D Associates is excited to announce that we will be hosting our inaugural BBTC event later this July. After speaking with many business owners in a variety of industries, it became apparent that smaller to medium sized companies were

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  • Eco-friendly concrete manufacturers can reduce their tax burden with federal and state research and development (R&D) tax credits. For over 20 years, R&D tax credits have helped spur the growth of young, forward-thinking businesses. There are R&D tax credits for robotics startups, breweries, and more, but can your eco-friendly concrete manufacturing company take advantage of

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  • Eligible businesses can receive a Texas tax credit and a Federal research and development (R&D) tax credit for investing in new product development. Everything’s bigger in the Lone Star state and so are the incentives for intrepid start up companies creating new products. A great money saving tool, Texas tax credits for are a resource

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  • Dog food manufacturers could reduce their tax burden with a Federal research and development (R&D) tax credit. Our four-legged friends stick with us through good times and bad, so it’s only fair to feed them the best food available. Unfortunately, spending time and money to design the most nutritious kibble can be draining for a

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  • Start-ups developing new products in Oklahoma can utilize a federal research and development (R&D) tax credit. A federal R&D tax credit can reduce payroll or income tax expenses. The Sooners state is home to the scissor-tailed flycatcher and the Oklahoma rose, but not to a state R&D tax credit program. Unlike many other states, R&D

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  • If marijuana is reclassified as a Schedule III drug, plant touching companies could benefit from Federal and state R&D tax credits. Think marijuana and R&D tax credits don’t mix? Think again. With the high chance that marijuana is reclassified as Schedule III drug, Section 280E would no longer bar plant touching companies from utilizing tax

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  • A federal research and development (R&D) tax credit rewards innovative veterinarian pharmaceutical companies. The credit can reduce a company’s overall tax burden. Developing animal drugs, also known as veterinarian pharmaceuticals, serves a vital purpose in today’s world. Not only do these products keep livestock healthy, but our four-legged friends at home can experience a higher

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  • Federal and state research and development (R&D) tax credits are available to breweries throughout the country. Happy hour certainly wouldn’t be happy without skillful brewmasters. These wizards of water, grain, hops, and yeast craft scintillating new flavors. When brewmasters perfect their craft, they can bring people together over a cold pint. While many aspiring brewers

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