Photo by Scott Graham on Unsplash Get Your Share of 10 Billion Dollars in Tax Savings Small businesses amount for 65% of new jobs and spend tons of money every year on research and development. However, not enough of those businesses are taking advantage of the...

Photo by: Magnet.me for Unsplash What is Burnout? There’s no doubt that, as the pandemic continues with no clear end in sight and 2020 continues to offer up a grim array of challenges, mental health has taken a hit this year. With that, employers are seeing a rise in...

Photo by: Element 5 Digital for Unsplash With the General Election less than a week away, it’s important to investigate how the election might affect a tax policy moving forward. Specifically, the election of Former Vice President Biden would put a new party and new...

Photo by: Tierra Mallorca for Unsplash What is Cost Segregation? Cost segregation is a tax consulting service that uses established IRS depreciation rates to legally save you money on your taxes. Generally, the tax laws regarding depreciation on non-residential and...

Photo by Akshay Paatil for Unsplash As September is National Suicide Prevention and Awareness Month, we at Hito,LLC thought that now would be a great time to talk about the effects of the mental health crisis Americans are currently facing due to the COVID-19...

Photo by Louis Reed for Unsplash What is the R&D Credit?  R&D stands for Research and Development. The R&D Credit essentially operates as the government’s way to incentivize business owners to take on the risks of innovation costs, by offering a...

Photo by Michael Longmire for Unsplash Running a business is a balancing act, and it can be difficult to keep track of all the things that cost you money. But ultimately, the only way to succeed in business is by making a profit, and that means identifying the...

The R&D Credit will undergo changes starting in 2022 due to the Tax Cuts and Job Act. How will this affect your business's research and development? Read this article to find out. R&D Credit: The Basics The Research and Development Credit, R&D Credit for...