![sales tax business meeting](https://sourceadvisors.com/wp-content/uploads/2024/04/iStock-1408034105-300x200.jpg)
![Rachel Bishop, CPA](https://sourceadvisors.com/wp-content/uploads/2023/06/Rachael-Bishop2019.jpg)
Understanding the Alternative Simplified Credit Calculation for R&D
The Research and Development (R&D) Tax Credit is a valuable incentive offered by the US government to encourage innovation. However,
The Research and Development (R&D) Tax Credit is a valuable incentive offered by the US government to encourage innovation. However,
Qualifying expenditures for the R&D tax credit include salary and wages, supply costs, computer rental or lease, and contractor costs.
Chief Counsel Advice Memorandum 20214101F On Friday, October 15th, 2021, the Internal Revenue Service published Chief Counsel Advice Memorandum 20214101F. In
Embrace the power of tax credit savings with Source Advisors and propel your business towards growth and success. Partner with us today to unlock your company’s full potential.