Alabama and the R&D Tax Credit

Although Alabama does not currently offer a state-level R&D tax credit, businesses and innovators in the state can still take advantage of the federal Research and Development (R&D) Tax Credit. This federal incentive provides a significant opportunity to offset the costs of innovation, allowing companies to reinvest in their growth and development. By claiming the federal R&D tax credit, Alabama-based businesses can reduce their federal tax liability, encouraging continued investment in cutting-edge research, technological advancements, and creative problem-solving.