NIC April Meeting

Is your Invention or Startup a Tax Write Off?

Can the research and development expenses, patents you file, prototypes created, production of your product or time you spend working on your business or invention be considered a tax write off?
Our guest Tax Expert discusses the time and money we are investing in our product development or business as an entrepreneur and what we can write off for before tax day!
Also, learn what the differences are between various corporate structures, like LLC’s, C and S Corps, Sole Proprietor in order to prepare your business for future earnings!
Our guest also shares stories of products and service businesses that he’s worked with that started off in the garage and now running thriving businesses.