Finally, a Fix for Section 174
Recently, Congress agreed on a fix for 174 amortization, making the R&D tax credit a more lucrative opportunity for qualifying businesses. You should take advantage of the revitalized credit before the impending filing deadline.
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Importance of the R&D Tax Credit
The R&D Tax Credit was introduced in 1981 to increase technical jobs in America by encouraging businesses to invest in innovation. It is now the most significant permanent tax credit available. As the competition within the American marketplace continues to intensify, companies need to utilize every resource they can. This credit intends to support innovative industries so they can reallocate funds back into their businesses.
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The R&D Tax Credit Driving American Innovation & Job Creation
R&D | Generic Whitepaper
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