The manufacturing industry is the highest claimant of the R&D Tax Credit, claiming more than 60% of Illinois State R&D Credits. The month of October saw a net gain of 1,600 jobs, the [...]

A report focused on federal R&D funding for higher education, published by the National Center for Science and Engineering Statistics (NCSES), shows that 2016 is the fourth consecutive year [...]

This week a large majority of the US Congress voted in favor of two bills which will benefit US-Israel cybersecurity research and development. The bills were introduced by John Ratcliffe, from [...]

R&D Spending Allocation Trends Strategy & Business conducted a study, Global Innovation 1000, of the top public companies spending the most on R&D to strengthen their brand from 2010 [...]

After a dramatic election season the proposed tax reforms of US President Elect, Donald Trump, are currently a topic of great interest for businesses. While pre-election reform plans may not [...]

Should the United States Enact a Patent Box? Swanson Reed has recently written an article for the Tax Advisor outlining the facts surrounding the U.S enacting a Patent Box. Many countries have [...]

The United States Treasury proposed new regulations regarding Internal Use Software (IUS) for purposes of the research and development (R&D) credit under Section 41 of the Internal Revenue [...]

Apple in Ireland This week Apple has taken a blow from the European Commission as the EU demands Apple pay their withstanding taxes to Ireland to the tune of about 14.5 billion US dollars. While [...]

Is your manufacturing company one of the many in the United States that is experiencing a rapid increase of exported goods?  Exporting creates an opportunity to use a tax savings strategy by [...]

On September 10, 2015, the Food and Drug Administration released the final preventive controls rules to implement the FDA Food Safety Modernization Act (FSMA). The two new food safety rules aim [...]