How Does the GOP Bill Affect the R&D Tax Credit?
In last-minute changes to the Senate bill, the GOP unintentionally reinstated the corporate Alternative Minimum Tax (AMT) at the same rate as the corporate income tax rate of 20 percent. The AMT [...]
Invent and Manufacture in America Act: the bipartisan, bicameral bill that could change the landscape of R&D Tax
Since 2000, the United States has lost over five million manufacturing jobs, more than 70,000 manufacturing plants, and only 1 in 10 Americans work in manufacturing compared to 1 in 4 back in the [...]
Four Things You Need to Know About the IRS Directive for LB&I Taxpayers
On September 11, 2017, the Internal Revenue Service (IRS) issued a new directive for Large Business & International (LB&I) taxpayers. The purpose of the directive is to make determining [...]
U.S. Businesses Are Spending More on R&D Than Ever Before
In 2015, business research and development spending reached $356 billion in the U.S., putting R&D spending up almost 5% from 2014. Not only is R&D in the U.S. increasing, but companies [...]
Digital Marketing Companies Are Missing Out on R&D Tax Credits
While research and development activities are generally equated with technical industries, you may be surprised to learn that traditionally non-technical industries may be eligible for R&D [...]
R&D Tax Credit for Software Companies
Research and development (R&D) tax credits can make a significant difference to a company’s tax return, with the US government providing billions of dollars worth of credits annually. Despite [...]
Small Businesses Can Now Apply Research Credit to Payroll Tax Liability
The Internal Revenue Service (IRS) is offering a new method for start-up businesses to claim the research tax credit. Small businesses with gross receipts under $5 million are now able to apply [...]
By SR-US Editor
In Federal, General, Industry, New York, New York Available Incentives, New York Recent News, Recent News
Posted New York Announces an Initiative of $650M for Life Sciences
The Empire State Boosts Life Science With the aim of becoming a top tier biocluster state, New York has announced an initiative to increase the state’s ability to commercialize research by [...]
Future R&D Spending within OECD Countries
Predicted Spending At a time when aging populations and the environmental challenges of climate change are in need of innovative solutions the decline in public-backed science and technology [...]
Tax Incentive Changes in Nebraska Legislation
The Nebraska Advantage Act A recent report on the business tax incentive programs in Nebraska suggest that in the past eight years, the program has not been as effective as desired in attracting [...]
