CTI History
The three principals for CTI.
Who are Darren, Frank & Taz?
The year the R&D Credit was first enacted.
When is 1981?
The three deliverables provided as part of the R&D Tax Credit Study.
What are Feasibility Estimate, Final Credits, and Final Report?
The capitol of California.
Where is Sacramento?
A dollar-for-dollar offset in tax liability.
What is a tax credit?
The first incentive offered by CTI.
What is the California Enterprise Zone Credit?
The two methods for calculating the federal R&D Tax Credit.
What are the Regular and ASC method?
The goal of this phase is to identify the expenses and activities likely to qualify for the R&D Tax Credit as well as any critical issues.
What is Phase 1?
The location of the two main CTI offices.
Where are Folsom, CA & Houston, TX?
The pass-through entity corporate structures.
What are s-corp, partnership, LLC, and sole proprietorship?
The longest tenured employee at CTI
Who is Frances Wo?
The three possible uncertainties to meet one element of the four-part test.
What are Design, Method, and Capability?
The categories of costs capturable towards the R&D Tax Credit
What are Wages, Supplies, Contractors and Rental/Lease of Computers?
The state flower of Texas.
What is the bluebonnet?
The four possible corporate return forms.
What are 1065, 1120, 1120-S, and Schedule C.
The year CTI was founded
When is 2001?
The four elements necessary for qualifying an R&D project.
What are
1. New or Improved Business Component
2. Uncertainty
3. Process of Experimentation
4. Technical in nature
The carry-forward and carry-back rules for the R&D Tax Credit.
What is applied to the current year, carried back 1 year, and then carried forward for 20 years?
Song name including one of our office location cities.
What is Folsom Prison Blues?
Form for reporting general business credits.
What is the Form 3800?
The two original founders of CTI.
Who are Taz Singh and Joe Marquez?
The criteria for a company to claim the payroll offset.
What is having GR of less than $5 million and no GR in any tax year preceding the 5-year tax period ending with the year the credit is being claimed?
The what the acronym for our software platform stands for.
What is Corporate Incentives Online?
The six flags that have flown over Texas.
What are Spain, Mexico, France, Texas, Confederacy & United States?
The form necessary to accomplish a change of accounting method.
What is a Form 3115?