The R&D Tax Credit in Brief
What is the R&D Tax Credit?
What Expenditures Generate the R&D Tax Credit?
What Expenditures Generate the R&D Tax Credit?
The R&D tax credit was created to incentivize businesses to keep manufacturing and other R&D activities within the US. The credit is only available for activities within the US. It is now a permanent credit for innovation, improving or creating new processes or products.
What Expenditures Generate the R&D Tax Credit?
What Expenditures Generate the R&D Tax Credit?
What Expenditures Generate the R&D Tax Credit?
There are three expenditures that generate the R&D tax credit. (1) Wages - which is usually the largest expenditure, (2) Supplies and (3) Contract costs.
If you have at least $500,000 in payroll a year, you could have a meaningful credit.
Why Chose InfiSight Tax?
What Expenditures Generate the R&D Tax Credit?
Why Chose InfiSight Tax?
With infinite providers and paths to a solution, InfiSight Tax, takes the necessary time to customize the R&D tax study to your needs. We look at all possibilities, and determine the best solution for your company's needs.
Contact us for a free estimate.