Encouragement from Dennis Bays

As a successful business owner, you know that innovation comes with risk—and sometimes, projects don’t pan out as planned. The good news? The R&D Tax Credit is designed to reward the effort of innovation, not just the outcome. Even if your energy-saving idea didn’t work, you may still qualify for valuable tax incentives and other funding programs to boost your cash flow for your next big project.

1. R&D Tax Credit: You Don’t Need a “Win” to Benefit

The R&D Tax Credit is available to businesses that invest in developing new or improved products, processes, or technologies—even if those projects fail in testing. What matters is that your activities meet the IRS’s four-part test:

• Aimed at improving a business component
• Based on hard sciences or engineering
• Intended to resolve technical uncertainty
• Involving a process of experimentation

You can claim the credit for qualified expenses even if the project didn’t result in a commercial product or process.

2. How to Claim Credits for Past R&D Expenses

If you incurred eligible R&D expenses in previous years, you may still be able to claim the credit retroactively by filing an amended tax return. Here’s how:

Don’t Leave Money on the Table:

We help entrepreneurs claim credits for current expenses, but also for past work they put in on a project. Unfortunately, we also regularly speak with businesspeople who miss out on R&D tax credits because when they don’t realize what can be included.  Americore Group has a team who comb through information and records to determine the maximum fair credits a business can claim.

Recent Tax Credit Change:

The White House administration has made it easier to claim the credit for past years by allowing immediate expensing of domestic R&D costs (no more five-year amortization for U.S. projects), and by providing a special retroactive election for small businesses to apply this rule to 2022–2024 expenses. The deadline for this retroactive election is July 4, 2026.

3. What’s New Under the Current Administration

• Immediate Expensing Restored: You can now deduct domestic R&D costs in the year they’re incurred, rather than spreading them over five years.
• Catch-Up Deductions: If you previously had to capitalize R&D costs, you can deduct the remaining balance in 2025 (or split between 2025 and 2026).
• Retroactive Relief for Small Businesses: If your average annual gross receipts were $31 million or less (2022–2024), you can amend past returns to claim immediate expensing for those years.
• Updated IRS Forms: The IRS has revised Form 6765, requiring more detailed project-level information starting with 2026 tax returns (optional for 2025).
• Payroll Tax Offset: If you’re a qualified small business, you can use up to $500,000 of your credit per year to offset payroll taxes, improving cash flow even if you’re not profitable yet.

4. Alternative Programs to Enhance Cash Flow

If you’re looking for additional ways to fund your new energy-saving project, consider these options:

• SBIR/STTR Grants: Federal programs that provide non-dilutive funding for innovative R&D, including energy efficiency projects. The Department of Energy is a major participant.
• DOE Grants and Loans: The Department of Energy offers grants, technical assistance, and commercialization support for energy-saving technologies.
• SBA Loans: The Small Business Administration’s 7(a), 504, and microloan programs can provide working capital or equipment financing.
• State Incentives: Many states offer grants, tax credits, and low-interest loans for energy projects.
• Private Funding: Green banks, impact investors, and venture capital may be available for projects with strong commercialization potential.

Most of these programs do not disqualify you for having a previous project that didn’t succeed. They focus on the potential of your new idea and your commitment to innovation.

5. Summary Table: Key R&D Tax Credit and Funding Updates

Final Thoughts

Even if your last R&D project didn’t succeed, you have powerful tools at your disposal to enhance cash flow and fund your next venture. The R&D Tax Credit, especially with recent rule changes, can provide immediate and retroactive benefits. Combine this with grants, loans, and state incentives, and you’ll be well-positioned to pursue your next big idea.

Stay optimistic. Innovation is a journey, and every step (even the setbacks) can lead to new opportunities for growth Falcon Wealth Advisors*

Assess Your 2024 Financial Position

Before diving into taxes, take a step back and assess your overall financial position. Gather your bank statements, investment accounts, and any financial documents you have accumulated throughout the year. Analyze your income sources, expenses, and savings. Ask yourself:

Did I meet my financial goals this year?

What were my biggest expenses, and can I reduce them?

Did I manage my debt effectively?

This reflection will not only give you insights into your financial habits but also help you identify areas for improvement in the upcoming year.

Review Your Current Tax Plan

Once you have a clear picture of your financials, it’s time to evaluate your current finances and tax plan. Understanding how taxes impact your overall financial health is critical, especially as tax laws can change. Here are some key steps to organize your planning exercise:

Gather Documentation: Compile all necessary documents, such as W-2s, 1099s, receipts and categorization or explanation for deductible expenses. Having everything organized will streamline the filing process and help you catch any potential deductions.

Maximize Deductions and Credits: Look into available deductions and credits that you might qualify for. This could include contributions to retirement accounts, educational expenses, or home office deductions. Every bit helps to reduce your taxable income.

Evaluate Your Tax Withholding: Check your paycheck withholding. If you received a large refund this year, you might be overpaying throughout the year. Conversely, if you owed money, consider adjusting your withholding to avoid a surprise next tax season.

Plan for Capital Gains: If you’ve sold investments this year, be mindful of capital gains taxes. Understanding your investment performance can lead to strategic decisions, such as tax-loss harvesting, to offset any gains.

Setting Financial Goals for 2025

With a clearer understanding of your current financial situation and tax plan, it’s time to set actionable financial goals for the new year. Whether it’s saving for a major purchase, investing more aggressively, or reducing debt, having specific goals will keep you focused. Here are some tips to help you set and achieve your financial goals:

Be Specific: Define your goals clearly. Instead of saying, “I want to save money,” specify an amount and a timeline, such as “I want to save $5,000 by June 2025.”

Create a Budget: Develop a budget that aligns with your goals. This will help you track your progress and make necessary adjustments throughout the year.

Automate Savings: Consider setting up automatic transfers to a savings account or retirement plan. Automating your savings can help you stay disciplined and prevent the temptation to spend.

Investigate Potential Programs: Reach out to your Americore representative to discover which programs such as R&D Funding Programs you could integrate now or in 2025 to free up cash and/or save on taxes.

Talk to a Professional for Help

If managing your finances and taxes feels overwhelming, don’t hesitate to seek professional assistance. A financial planner can provide tailored advice based on your unique situation. They can help you optimize your financial strategies and ensure you’re making the most of your resources.

Final Thoughts as 2024 Winds Down

As you wrap up your financials and tax plan, remember that the end of the year is not just a time for reflection but a chance to set the stage for the future. By taking proactive steps now, you can start 2025 with a solid financial foundation, equipped to reach your goals. Embrace the opportunity for growth and make this upcoming year your best yet!

In summary, wrapping up your financials and reviewing your tax plan is essential for a fresh start. Assess your financial position, evaluate your tax strategy, set clear goals, and don’t hesitate to seek professional help. With these steps, you’ll be well-prepared to face the new year with confidence and clarity.

Build a Strong Brand Presence

Establishing a robust brand presence is crucial for attracting customers during the holiday season. Businesses should invest in marketing efforts that resonate with their target audience. This includes maintaining an active social media presence, engaging in community events, and taking part in local partnerships. The more visible and relatable a brand is, the more likely it will attract customers during the Thanksgiving and Black Friday shopping sprees.

Learn and Understand Customer Preferences

Year-round market research is essential for understanding customer preferences and shopping behaviors. Businesses can use surveys, feedback forms, and social media interactions to gather insights into what their customers want. By knowing which products are popular, businesses can tailor their inventory to meet those demands, ensuring that they have the right items available when Black Friday arrives.

Optimize Inventory Management

Effective inventory management is key to ensuring that businesses can meet demand during the Thanksgiving and Black Friday rush. Companies should continuously analyze sales data to forecast trends and adjust their inventory levels accordingly. Maintaining a lean inventory throughout the year helps reduce waste and ensures that popular items are in stock when demand spikes. Moreover, businesses can take advantage of off-season sales to restock their inventory at a lower cost.

Enhance Customer Experience

A positive customer experience can lead to repeat business and increased sales. Companies should focus on improving their customer service, both online and in-store. This can include training staff to provide excellent service, streamlining the checkout process, and ensuring that the website is user-friendly. Creating a seamless shopping experience will encourage customers to return, especially during the busy Thanksgiving and Black Friday period.

Implement Loyalty Programs

Loyalty programs are effective tools for encouraging repeat business and increasing customer retention. By offering rewards, discounts, or exclusive access to sales for loyal customers, businesses can build a solid customer base that will be more likely to shop during the holiday season. Promoting these programs year-round keeps customers engaged and excited about upcoming sales, particularly around Thanksgiving and Black Friday.

Plan Promotions in Advance

Planning promotions and sales in advance allows businesses to generate buzz and anticipation leading up to Black Friday. Companies should consider launching sneak peeks or pre-Black Friday sales to gauge customer interest and encourage early shopping. Additionally, promoting these sales through email marketing and social media can create excitement and drive traffic to the store or website.

Utilize Data Analytics

Data analytics can provide valuable insights into customer behavior and sales trends. Businesses should leverage data to analyze previous years’ performances during the Thanksgiving and Black Friday periods. Understanding what worked and what didn’t, can help refine strategies for the upcoming holiday season. By using data to inform decisions, businesses can better align their efforts with customer expectations.

Reach Your Goal of In the Black by Black Friday

Preparing to be in the black by Black Friday requires a comprehensive approach that starts long before the holiday season. By building a strong brand presence, understanding customer preferences, optimizing inventory, enhancing customer experience, implementing loyalty programs, planning promotions, and using data analytics, businesses can position themselves for success. As Thanksgiving approaches, those who have laid the groundwork will be well-equipped to thrive during one of the busiest shopping days of the year. Embracing these strategies year-round ensures that businesses not only survive but also flourish in the competitive retail landscape. Contact us to discuss ways we can help even now, to reduce your tax bill and enhance your cash flow.

Identifying The Right R&D Program

The first step towards accessing an R&D program is to identify and understand the programs that align with your creative and innovative endeavors. We can help explain applicable government initiatives and grants specifically designed to support R&D projects. Over years of research, we have discovered several Blue Apple (rare) programs with a track record of rewarding creativity and innovation, as well as those that fund projects in your specific field.

Understanding Eligibility Criteria

Each R&D program will have its own set of eligibility criteria. We are proficient at determining if your work aligns with the program’s objectives. Common eligibility factors include but aren’t limited to the project’s purpose, applicant qualifications, and the potential impact of your innovation. As important as those factors are, how your project is communicated in the application process is often the determining factor.  We can help you carefully review and meet all the criteria to increase your chances of accessing the program. We’ll apply our experience as we guide you and your team through the entire application process.

The Impact of a Strong Proposal

Crafting a compelling proposal is essential to showcase the creativity and potential of your project. We will start by clearly defining how your research will try to solve a problem or process. Since the proposal needs to highlight the unique aspects of your approach, we’ll guide you on how to show those facets of your plan. Make a detailed plan of the steps that will bring your project to fruition. Include a timeline, budget, and expected outcomes. Use language that resonates with the program’s goals and clearly communicate the potential impact of your innovation.

Seek Experience You can Trust

Advice from experienced Financial Service providers with a successful program referral record can greatly enhance your chances of accessing R&D funding. Americore financial program guru Dennis Bays knows financial programs inside and out and can provide valuable insights and guidance throughout the application process. Forming strategic partnerships with research institutions can bolster the credibility of your proposal with private investors. Alternatively, at no cost up front, Americore can guide you to funding success from government programs designed with you in mind.

Submit a Comprehensive Application

Once you have developed a strong proposal, carefully review the application requirements. It is essential that all necessary documents are complete, correct and are included in the initial submission. Program requirements differ, but most will need a detailed project description, budget, team qualifications, and any supporting materials requested. Formatting, grammar, and spelling review will help you present a professional and polished application.

Follow Up and Remain Persistent

After submitting your application, follow up with the program administrators to confirm receipt and inquire about the selection timeline. Not only does this reflect your interest, but it ensures your application doesn’t get lost before it is in process.  In fact, it is important to remain persistent and proactive throughout the evaluation process. Be prepared for potential feedback or requests for additional information and respond promptly. If you are issued an application number, or notice one on requests for information, be sure to include it on all future submissions.  Make it as easy as possible for the program administrators to say yes to your request.

Accessing an R&D program can provide significant support and recognition for your company or project. The right financial advisor can help you understand suitable programs, understanding eligibility criteria, developing a strong proposal, seeking professional advice, and submitting a comprehensive application, you can increase your chances of accessing these valuable opportunities. Remember, the journey may be challenging, but the rewards for unleashing your creativity and innovation can be truly transformative. So, dare to dream big, and let your ideas change the world!  Then call our office at 747-224-8110 or contact us here. Tell your Americore representative what you’re looking for, and we’ll tell you how we think we can help you make that happen.

Understanding the Incentive programs  

2024 brought an array of Incentive programs aimed at stimulating economic growth, ensuring financial stability, and addressing emerging challenges. These programs range from tax incentives for businesses to support measures for individuals and families. However, deciphering the eligibility criteria, benefits, and potential pitfalls of these programs can be overwhelming for the average person. This is where the expertise of a financial planning professional becomes invaluable.

Navigating Complexities with Expert Guidance

A financial planning expert possesses the knowledge and experience to guide individuals and businesses through the complexities of Incentive programs. They have a comprehensive understanding of the eligibility requirements, application processes, deadlines, and potential risks associated with each program. By collaborating with a financial planning expert, individuals and businesses can ensure they are making informed decisions and optimizing their financial opportunities.

Tailored Financial Strategies

Financial planning experts recognize that every individual and business has unique financial goals and circumstances. They work closely with their clients to develop tailored strategies that align with their objectives. Whether it’s optimizing tax benefits, securing funding for business expansion, or planning for retirement, a financial planning expert can provide personalized advice and solutions. Through careful individual need analysis and consideration, planners help individuals and businesses take full advantage of the 2024 Incentive programs.

Maximizing Benefits and Minimizing Risks

One of the primary advantages of seeking financial planning expertise is the ability to maximize benefits while minimizing risks. Financial planning experts possess a deep understanding of the potential risks associated with certain Incentive programs. With this knowledge they can guide individuals and businesses accordingly. This skillset helps them guide clients away from potential pitfalls, to informed decisions, and secures the maximum benefits available through the 2024 Incentive programs.

Conclusion  

Navigating the 2024 Incentive programs can be a daunting task without the right expertise. Seeking the guidance of a financial planning expert is key to successfully maneuvering through the complexities of these programs. By collaborating with a professional, individuals and businesses can ensure that they are making informed decisions. That information leads to higher optimization of their financial opportunities while managing potential risks. Embrace the power of financial planning expertise to pave the way for a prosperous financial future in 2024 and beyond.

Whether you’re looking to build wealth, save for a big purchase, or simply gain more control over your finances, 2024 presents a fresh opportunity to make significant strides toward financial success. Here’s a comprehensive guide to help you start strong and achieve your financial aspirations in the year ahead.

Establish Clear 2024 Goals

The first step in your financial journey for 2024 is to establish clear, specific, and achievable goals. Whether it’s saving for a down payment on a home, paying off debt, or investing for retirement, setting measurable targets will provide you with a roadmap to success. Consider both short-term and long-term goals to ensure a balanced approach to your financial planning.

Budgeting and Tracking Expenses

Creating a detailed budget is essential for managing your finances effectively. Take time to assess your income, expenses, and savings goals, and allocate funds accordingly. Utilize budgeting tools and apps to track your spending and identify areas where you can cut costs or redirect funds toward your financial objectives.

Emergency Fund

Building an emergency fund should be a top priority in 2024. Aim to set aside three to six months’ worth of living expenses in a separate savings account to provide a financial safety net in the event of unexpected circumstances, such as job loss, medical emergencies, or home repairs.

Debt Management

If you have outstanding debt, make it a priority to develop a plan for paying it off. Consider the snowball or avalanche method for tackling multiple debts, and focus on making consistent, timely payments to reduce your overall debt burden. Additionally, explore opportunities to refinance high-interest loans to lower your monthly payments and save on interest.

Investing for the Future

Dedicating a portion of your income to investments can significantly impact your long-term financial success. Whether you’re new to investing or looking to diversify your portfolio, consider consulting with a financial advisor to explore opportunities such as stocks, bonds, mutual funds, and retirement accounts. Keep in mind that investing involves risk, and it’s important to align your investment strategy with your risk tolerance and financial goals.

Retirement Planning

Regardless of your age, it’s never too early to start planning for retirement. Review your current retirement accounts, such as 401(k)s or IRAs, and assess whether you’re maximizing your contributions. If possible, consider increasing your retirement savings to take advantage of tax benefits and compound interest over time.

Continual Education and Adaptation

In the ever-evolving landscape of personal finance, staying informed and adaptable is crucial. Take the time to educate yourself on financial topics, such as investment strategies, tax planning, and economic trends. Stay open to adjusting your financial plan as circumstances change, and seek professional guidance when necessary.

In conclusion, 2024 presents an opportunity to elevate your financial well-being and work toward achieving your financial dreams. By setting clear goals, implementing effective budgeting and saving strategies, and staying informed about investment opportunities, you can position yourself for a successful and financially secure year ahead. Remember, the journey to financial freedom begins with a single step, so take the initiative and start strong in 2024.

Start With Your End Goals

Before you review your cash flow, look at your plan. Even once you made a good plan with specific goals in mind, periodic reviews are an incredibly useful tool. Over time, our priorities and our goals change. Reviewing and revising those goals can make sure they continue to be aligned with our shifting priorities. It’s especially ideal to review those goals so you can analyze whether your projected activities will meet them. When your goals are lined up, it’s time to track where your money comes in and goes out.

Track the Cash Flow

Monitoring the cash flow into and out of your business or accounts is one of the best ways to improve your financial health and that of your business. Creating and regularly updating a spreadsheet gives you the data you need for your own financial dashboard or statement.

Cash Flow from Operating Activities

Since the majority of business income comes through sales it is often the first line item on your statement, in the “Cash Flow from Operations” section. Opinions differ on whether they want the numbers in one column or two. But this section will also contain cash outflow such as inventory expense, payroll cost, and other operating expenses. That includes interest paid on loans; sales tax and income tax paid are name common examples.

Cash Flow from Investment Activities

Your Business has other cash inflows and outflows. For instance, proceeds from investments needs a spot on your dashboard. This could be from sale of a property held, or from equipment and other assets held by the business. When equipment, property and other assets are purchased that cash outflow would be listed in this section.

Cash Flow from Financing Activities

This can include bank financing, program funds, grants or even owner contribution. First list the cash received during the analysis period, and then list the repayment of loans if any, owner’s drawings and dividend payments. What’s left is your net cash flow from financing.

Summary

Don’t forget the part where you show opening balance, net cash movement, whether positive or negative and the closing balance. This shows how your position changed during that period. Note: if your cash flow isn’t as strong as you’d like it to be, contact us for details on programs that help change that. We regularly guide our clients through programs and their application process.

Once you know your business spends the most money and the cash reality of your business, you can spot the shortages. It is the first step to aligning your business activities with your end goals. Regular cash flow checkups help you plan your future and ensure a healthier working fund. If you’re interested in information on programs that are great at improving cash flow, we should have a conversation. Tell your Americore representative about your situation and we’ll tell you how we think we can help you improve it.

Give Them a Cash Bonus

It may cost the most, but it is still the most effective straightforward employee incentive for motivation and morale.  44 percent of workers say they would quit their jobs to earn more money at another.  Cash incentives can persuade them instead, to stay through the holiday rush.

Extra Time Off – One Of Several Employee Incentives That Motivate

When workers pull overtime hours or an incredibly long shift, even more attractive than cash in hand might be time off their feet.  The employee incentive of additional time off after the holidays can make up for the crazy hours during the holidays. It at least lets them know you recognize the hardships they endured and appreciate them.  Some employers give an extra paid vacation day or two.  Others increase sick days or give more flex time. Of these, the most popular with workers is the flex time.  CNBC reports 72 percent of workers prefer a flexible work schedule over full time in-office work.

Throw a 100% Tax Deductible Party

Did you take your holiday party virtual in 2020 and then sort of left it out in 2021?  Here’s a thought:  Offsite Holiday parties are a great opportunity to help your team relax together and build a cohesive bond, and they are usually completely tax deductible for the employer prior to January 2023.  The food does need to be purchases from a qualifying restaurant, meaning a business that prepares and serves food and drinks for immediate consumption whether on or off-premises.  This is strictly limited to meals, not to entertainment venues.

If you are confused about when the 100 percent applies, you can find the details here or call Americore to learn more about where the savings are this holiday season.

New Equipment

There are programs that can help finance new equipment, and the productivity boost is not the only benefit you’ll enjoy.  Employees working through the holidays will be more enthusiastic about straining to reach goals with new efficient equipment.  Talk to your workers to find out what their concerns are before making the final decision.  They are on the machines, and could have valuable feedback to share.

Professional Development Opportunities

Offering workers employee incentives like the opportunity for professional development can help raise morale and motivation at work.  As a reward for working through the holidays, supply chain organizations, for instance, could offer choices of development paths.  Complimentary classes, training seminar attendance or the chance to temp in another department are various motivational options.

Recognition

There’s an old phrase, praise publicly and correct privately.  By recognizing a job well done, you raise at least one employee’s morale, and create a friendly competition that leads to better performance by others as well.  The praise can be on a Bulletin board, or “Wall of Fame” or announcement, a bonus, vacation day or material prize.

Benefits That Prove An Employer Cares

If your employees have a great attitude and are performing well this holiday season, let them know you appreciate it.  It doesn’t have to be as expensive as you think.  Ask Dennis Bays about how offering healthcare benefits can not only improve employee retention, but give you cash back too.

There are many ways to let your employees know you appreciate them.  They may add to productivity and morale, but some can also put cash in your pocket.  Contact us or call our Americore office at 747-224-8110 and learn which programs can save you money too.

The biggest obstacle we regularly face, is helping our clients understand government programs are real and legitimate. Those programs are the way our government encourages desirable business behaviors. You might already be practicing the behavior the government wants to reward you for doing. Why wouldn’t you accept their appreciation when it helps grow your business. To ignore the programs is to leave money on the table.

Americore Experience Yields Results.

For thirteen years Americore helped over 5000 clients receive money owed or save on tax bills. There are myriads of programs available to small and midsize businesses, yet they are rarely ever employed by those they were intended to help. Americore is intimately familiar with those programs. We know the documentation and information required for each program. We also know the proven program parameters and our clients have benefitted from our experience for years.

Our Knowledge Saves You Time.

That means we can quickly recognize which program will fit your business. The downside to using government programs is that the paperwork is cumbersome and complicated. The Upside to working with Americore, is that without any up front payments, we can guide you and your team through the application process. Trying to navigate the application process on your own often results in denials. Understanding application questions and program requirements is essential to receiving funds. With over thirteen years of experience, Americore has the expertise to guide you to approval time after time. Imagine your team, instead of applying and reapplying, working with Americore and getting the approval the on the first submission.

Instead of wasting time on programs that don’t fit, have your team or financial advisor talk to an Americore representative about which programs do fit. You can focus on plans that you and your firm are much more likely to benefit from. And that benefit comes much sooner than if you went after the wrong programs.

Learn if You or Your Business is Owed Incentive Money

Learn if your business is owed incentive, credit, or rebate money by speaking with an Americore advisor. We know the programs because Dennis Bays, CEO of Americore, has spent years investigating financially beneficial programs for clients. It is amazing to realize how rarely financial advisors use this prolific source of cash flow for their clients. Today, our focus is on guiding more business owners to funding opportunities, facilitating business growth and development.

We have become intimately familiar with a myriad of program opportunities, and we constantly watch for new possibilities. We aren’t trying to replace your existing team, but to work with them to maximize your cash flow through seldom utilized programs. There is considerable funding available, and not asking for your share is a waste.  Talk to us. Americore has a history of finding the Credits, Rebates & Incentives that businesses qualify for, but rarely ever know about.

Starting the Conversation…

Are you one of the 5000 clients we have saved thousands of dollars or freed up to millions of dollars for operating capital? If not, we should have a conversation.

Call our office at 747-224-8110 or contact us here. Tell your Americore Group representative what you’re looking for, and we’ll tell you how we think we can help you make that happen.

Financial Advisors Fight a Lack of Awareness

Though there are many programs designed to benefit small and midsized businesses, the business owners these programs were created for, often don’t know they are eligible to benefit. Others are concerned using the programs will raise red flags on their tax returns. The truth is that our government creates programs to encourage certain types of businesses, and behaviors.  Sadly, many businesses and their financial advisors remain largely unaware of the financial opportunities available.

Thought America is seen as a country built on self-sufficiency, all of us can benefit from help now and then. Why not take advantage of programs that will accelerate the growth of your business? Dennis Bays has spent a career familiarizing himself with programs that increase personal wealth or business cash flow, including growth funding. He can walk your team through options that can save money or increase your cash flow. He does this without charging anything up front. If you don’t benefit, neither does he.

Entrepreneurs are Frustrated With Application Process

Sometimes people tell us that they already applied and got denied for a certain program. Those same people tell us “It’s not worth the time and effort only to get turned down anyway.” Since many of the programs are government programs, there are forms and procedures that must be exactly followed. This is where an Americore professional like Dennis Bays can make the difference. Dennis can walk your team through the application process. He know what information is critical to the application decision process. He also knows what information the forms are requesting and how to complete them correctly. Often a denial is really just incorrect or incomplete forms. When Dennis helps with an application, the application package will be complete AND correct. He has years of experience and knowledge in this area, with a great record of Blue Apple, KNA Blue Partner program approval.

Concern Over Program Legitimacy

When we attend events, we repeatedly hear concerns that funding/incentive programs might be illegal scams, or IRS red flags. The opposite is true. There are many programs created by the government, to benefit small to midsize businesses. The federal government created these legitimate programs to encourage behaviors like hiring more employees, or offering health benefits. Federal Workforce Programs and the Employee Retention Tax Credit, subsidize critical desired employer behavior. There are also R&D programs for inventing or improving products and the manufacturing process. Funding and incentive programs are legitimate ways to save on taxes or increase your cash flow. Why wouldn’t you take advantage of a benefit designed just for you?

Assumption of Ineligibility

When times are tight, business owners may not be able to invest in research and development. There is a federal program that can help. Many business owners assumed their business isn’t eligible to receive R&D funding. That assumption is often wrong. Before you slash your budget, let’s start a conversation. A program designed with your situation in mind can take some of your burden off your shoulders. Contact us here or call (747) 224-8110 to speak directly with Dennis Bays and learn how to move your goals within your reach.