Insights

Research and Development Tax Credit Opportunities

 

Research and Development Tax Credit Opportunities

Dec 03, 2019

The federal research and development (R&D) tax credit has been a valuable tax planning opportunity since it became part of the tax code in 1981. Providing a dollar-for-dollar reduction in tax liability, the tax credit allows businesses of all sizes to reduce their taxes and increase cash flow, and many businesses can qualify for R&D tax credits for things they do every day. Are you missing out on tax credits without realizing it?

There have been favorable changes to the IRS regulations and court cases in recent years that have expanded the definitions of R&D activities and have clarified documentation required to be maintained by companies that claim the credit.

Please watch this webinar recording to gain a stronger understanding of the R&D tax credit and the opportunities for which your company may qualify today and gain insight to help you plan for the future.

Author(s)

Valerie Fedie
Valerie K. Fedie
Western Wisconsin & Duluth Market Leader
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