Decosimo Hosting R&D Tax Credit Seminar in Chattanooga on August 24

CHATTANOOGA, TN (August 6, 2010)–Decosimo is hosting a complimentary, hour-long seminar to address an often-overlooked area—the Research and Development Tax Credit.  Beginning with a continental breakfast at 8:00 a.m., the session is Tuesday, August 24 in Suite 216 of Chattanooga’s Tallan Financial Center.  The presentation will start at 8:30 and will be of particular interest to those who design, develop, or improve products, processes, techniques, formulas, inventions, or software.  Alliant Group presenter Kevin Corley will discuss the regulations that allow eligible taxpayers to review all open tax years (often the past 3 years plus the current year) to identify possible R&D credits.  Corley says, “The R&D Tax Credit can provide, among other things, a hidden and immediate source of cash for many companies as well as a significant reduction to current and future years’ federal and state tax liabilities.”  Corley points out that recent changes to the tax code enable more industries to qualify for this credit, especially those who invest time, money, and resources in the advancement and improvement of their products and processes.  Immediately following the morning session, Alliant and Decosimo will be available to meet individually with companies to address specific questions.  CPE credit and validated parking are included.  

About Kevin Corley, CPA:  Kevin is a Senior Managing Director with Alliant Group.  He works extensively with CPA firms and associations to educate them on the tax benefits to which their clients are entitled.  He is currently consulting with several of the “Top 100” largest CPA firms in the U.S. and has helped identify over $28 million in credits and incentives for their clients.  Corley assists in establishing “best practices” through training and mentoring in the accounting profession.  Prior to Alliant Group, Kevin was a partner in a Houston, Texas-based regional CPA firm.  He began his career at Kenneth Leventhal & Company in 1989 and has been a CPA since 1991.  

About Decosimo:  Founded in 1971, Joseph Decosimo and Company, PLLC (Decosimo) is a nationally recognized firm, perennially ranked as a Top 100 accounting and business advisory services firm.  The regional firm has eight offices in the United States and Cayman Islands, with approximately 300 professionals and staff.  Each of Decosimo’s offices provides a full range of accounting and advisory services to a wide array of industries.  Additionally, Decosimo is an independent firm associated with Moore Stephens International Limited.  With more than 351 member firms and a total of 630 offices spanning 98 countries, the Moore Stephens association and Decosimo provide clients access to a matchless depth of resources and expertise.

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