Boosting Domestic R&D Amid the Latest Chip Tariffs
Businesses concerned about the effects of new chip tariffs on their bottom lines can find a powerful offset via the Section 41 R&D Credit.
Businesses concerned about the effects of new chip tariffs on their bottom lines can find a powerful offset via the Section 41 R&D Credit.
As the Trump administration moves forward with his tariff promises, hitting America’s biggest trading partners – we know for certain the impacts will be wide and felt across various industries.
US businesses can take advantage of the R&D credit to onshore production & minimize the risks associated with long and complex supply chains.
With the start of another tax season, businesses in the automation and manufacturing industries are forced to evaluate how persisting economic and industry trends have impacted their profit margins and viability.