Confusion and gray area have surrounded the research and development (R&D) tax credit (technically called Research and Experimentation tax credit IRS Code Section 41) for years. Both CPAs and business owners struggle to understand the
The Research and Development (R&D) Tax Credit is a permanent federal tax incentive intended to stimulate innovation, technical design and manufacturing within the U.S. Many taxpayers associate these valuable tax credits with work conducted by
If you are an entrepreneur with a new business that is developing products to bring to market, the federal Research and Development (R&D) tax credit can benefit you. Historically, the R&D tax credit was meant
Are you engaged in manufacturing activities that introduce or improve processes or products? If so, you are likely to qualify for valuable, federal Research and Development (R&D) Tax Credits. What’s more, two-thirds of U.S. states
Did you know that your engineering firm could qualify for the federal Research and Development (R&D) Tax Credit? The R&D tax credit is meant to incentivize companies to invest in innovation and technological investments so
Federal research and development (R&D) tax credits have been available to businesses for more than three decades. However, many architects simply don’t realize the tax credits are available to them or don’t understand which activities
Oil and Gas Industries Jump To A Section of This Article The Four-Part Test Qualifying Activities In Oil and Gas Costs That Qualify For The Credit Very Meaningful Federal And State Tax Credit The Benefit
People don’t typically think of software enabling companies when they think of banks, retailers, brokers, insurance companies, hedge funds, and financial service companies. However, many of these companies have large IT departments that are developing