Archive for Neeraj Bhatia

Startups Can Now Claim R & D Tax Credit

Startups with qualifying research expenses have for the first time an additional option whereby they can choose to apply up to $250,000 of its research credit against its payroll tax liability. This new option is available to any eligible small business filing its 2016 federal income tax return this tax season.

If, somehow, such a small business failed to choose this option while filing their 2016 Tax return, and still wishes to do so, it can still make the election by filing an amended return by Dec. 31, 2017. This new option was introduced through the PATH Act enacted in 2015.

Read More

Written by | Posted in Small Business

USCIS Proposes New Alternative To Attract International Entrepreneurs To Stay In The US

Neeraj Bhatia

International entrepreneurs, who find it difficult to satisfy the EB5 criteria as they are unable to raise overseas investment, may soon be provided an alternative route. U.S. Citizenship and Immigration Services (USCIS) is proposing a new rule which is aimed at expanding immigration options for foreign entrepreneurs who meet certain criteria for creating jobs, attracting investment and generating revenue in the U.S. This rule would allow certain international entrepreneurs to be considered for parole (temporary permission to be in the United States) so that they may start or scale their businesses here in the United States.

Read More

Written by | Posted in Individual • Small Business • Tax Incentives • United States