News & Events

4 things you need to know about the R&D Tax Credit  The R&D Tax Credit has been around for over 40 years. It’s undergone some major changes throughout its lifetime and now people have different ideas as to how it can be applied. The IRS has eliminated the “discovery test”, they’ve introduced the idea of process improvements, and they’ve expanded the definition of qualifying employees. These changes have allowed more businesses [...]

“CPAs are starting to use this ‘Reward Program’ for their clients and Romo Incentives Group will help you implement it.” Starbucks, Chipotle, Target… they all have them. They’re a key driver of business, and nowadays it’s something customers expect to see in the companies they engage with. You guessed it -- rewards programs. Rewards programs haven’t always persisted in the business world, but the underlying idea is as old as it [...]

“CPA firms have to stay competitive with their service offerings… that’s why they partner with Romo Incentives Group.” The age-old adage in business is: “if you’re not growing, you’re dying.” Now, that may sound a little harsh, but the underlying message is true. If you’re not constantly improving your business, developing more “moats” to protect your company from competitors or new industry innovations, then it’s only a matter of time until [...]

“Large accounting firms are poaching clients using R&D Tax Credits as their pitch… that’s why CPA firms have chosen to partner with us to protect their most valuable client relationships.” I’m sure you’re aware of the R&D Tax Credit, but are you aware that it’s being used to “steal” your firm’s clients? Ever since the “discovery test” was eliminated from the tax code in 2004, the R&D Tax Credit became more [...]