Circumstances Under Which Taxpayers Benefit from the R&D Tax Credit

The Research & Experimentation Tax Credit or R&D Tax Credit is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States.  Companies may claim the R&D credit against tax for certain qualified R&D expenditures, and combine the credit as one of the components of the general business credit.

To discover more, watch our latest presentation which explains the circumstances under which some taxpayers benefit from the R&D tax credit.

Watch below, or alternatively watch on YouTube: https://www.youtube.com/watch?v=nkBf7NBD8ys

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Swanson Reed is a specialist R&D tax firm and has helped many clients across a diverse range of industries. Contact us for more information on how we can advance your company’s market value and boost its bottom line through the Research and Development Tax Credit.

 

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