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    Impact of Health Care Bill on Businesses
    The Health care reform bill was signed by the President on 23rd March 2010 bringing into effect, The Patient protection and Affordable Care Act. The new legislation will bring about sea of changes, especially affecting the small businesses employing less than 100 employees The new reform, presently, does not require any employer to provide insurance to [...]
    Impact of Indian 2010-11 Budget on US companies
    - General Performance of India: Year 2009 had been a global economic slowdown in most of the advanced countries except for few developing countries like India which estimates a GDP growth for the Fiscal Year 2009-10 to be 7.20%, up 50 basis points from the previous year with biggest credit going to Manufacturing sector. India was [...]
    Do not forget… especially Start Ups!!
    - R&D Credit – Election must be made on original Timely returns A taxpayer can have both credit and the deduction only if the 280c election is made on the original timely return. The R&D credit requires that taxpayers satisfy four requirements, or tests, to qualify. First, develop a new or improved [...]