In his article “The R&D Tax Credit – Smart Reform Ideas From Congress,” Zerbe reviews a number of intriguing congressional proposals that would strengthen and expand access to the credit. In particular, Zerbe highlights bipartisan tax legislation recently introduced by Senators Chris Coons (D-DE) and Pat Roberts (R-KS) that would reward companies for conducting their research and development and manufacturing activities here in the United States. In addition to this Senate bill, Zerbe breaks down bipartisan House legislation designed to increase taxpayer flexibility when claiming the R&D Tax Credit, with many of these potential reforms having the effect of increasing access to the credit to small and medium businesses.
About the Author
Dean Zerbe is alliantgroup’s National Managing Director based in the firm’s Washington, D.C. office. Prior to joining alliantgroup, Zerbe was Senior Counsel and Tax Counsel to the U.S. Senate Committee on Finance. He worked closely with then-Chairman of the Finance Committee, Senator Charles Grassley, on tax legislation. During his tenure on the Finance Committee, Zerbe was intimately involved with nearly every major piece of tax legislation that was signed into law, including the 2001 and 2003 tax reconciliation bills, the JOBS bill in 2004 (corporate tax reform) and the Pension Protection Act.