by Carly Moree | Jan 3, 2023 | BLOG_R&D, R&D
Qualifying expenditures for the R&D tax credit include salary and wages, supply costs, computer rental or lease, and contractor costs. Salary & Wages There are generally three categories of employees performing research: Employees that...
by Alex Pak | Nov 13, 2021 | R&D, BLOG_R&D
The Protecting Americans from Tax Hikes (PATH) Act of 2015 includes provisions that allow certain taxpayers to offset their AMT liability with the R&D tax credit for taxable years beginning on or after Jan 1, 2016. AMT limitations Before the PATH Act, AMT...
by Deborah Roth | Nov 13, 2021 | BLOG_R&D, R&D
Governments typically incentivize private industry to produce research and development (R&D) as a strategic tool to advance their economies. Initially temporary, the federal R&D tax credit became the United States’ primary means for rewarding businesses for...
by Alex Pak | Nov 13, 2021 | BLOG_R&D, R&D
R&D TAX CREDIT STARTUP ACTIVITIES AND INDUSTRIES With the expansion of the research and development tax credit over the years, more businesses than ever before engage in activities making them eligible to claim the R&D tax credit. Listed below are examples of...
by Source Advisors | Jan 21, 2021 | blog, BLOG_R&D
R&D Tax Credits Refundable or Recoverable? Source Advisors | Source Advisors January 21, 2021. 4 min read The R&D Tax Credit is not refundable; however, unused credits can still provide a cash windfall. A commonly asked question: “Is the R&D tax credit...
by Source Advisors | Jan 21, 2021 | BLOG_R&D
What is the R&D Tax Credit Carryforward Period? Source Advisors | Source Advisors January 21, 2021. 5 min read When it comes to claiming R&D tax credits, many taxpayers are unaware of the rules allowing them to carryforward the unused portion of their...
