September 19, 2017
by Michael Siegel, alliantgroup Managing Director
Now more than ever, businesses rely on automation to run their industrial facilities and supply chains. It is a trend that is decades in the making and will only intensify as the Internet of Things and automated technologies play a bigger role in our factories.
However, the benefits of these technologies extend to more than just higher production rates. The steps taken to implement these advancements can have an immediate financial impact for industrial distributors, manufacturers and value-added resellers—and it is all thanks to one lucrative tax incentive.
The R&D Tax Credit: The Rewards for Enhancing Automated Efficiency
The Research and Development (R&D) Tax Credit is one of the most valuable provisions of the tax code, and due to changing laws and regulations, the credit has evolved […]