Mississippi

Jackson2

Information on the R&D Tax Credit: 

The R&D credit is generated from qualified research activities (QRAs) performed within the state. Qualifying activities are defined in Section 41 of the Internal Revenue Code as “a new or improved function, performance, or reliability or quality.”

Process improvement activities include:

  • Identifying uncertainty concerning the development or improvement of a business component;
  • Identifying one or more alternatives intended to eliminate that uncertainty; and
  • Identifying and conducting a process of evaluating the alternatives (e.g., through modeling, simulation, or a systematic trial-and-error methodology).

The R&D Tax Credit is a credit that is available across various industries, such as:

  • Agriculture
  • Automotive
  • Aviation
  • Biotechnology
  • Engineering
  • Farming
  • Food and Beverage
  • Logistics
  • Manufacturing
  • Oil and Gas
  • Software
  • Transportation

The state of Mississippi does not offer a state research credit at the present time, however, please click here to find out if you qualify for the federal research credit.

Contact Us


Contact your local Swanson Reed office to speak with a representative in your area today. 

Swanson Reed

460 Briarwood Dr
Suite 400
Jackson, MS 39206
T: 601-345-4332
F: 512-256-8157

 

Why Swanson Reed

We provide full, hands-on support from start to finish.

Are You Eligible?

Take our eligibility wizard to find out if you qualify for a tax credit.

Calculate Your Benefit

Use our quick calculator to determine your R&D tax credit benefit.

Know Your Deadline

Never miss a deadline again with our R&D Tax Credit filing deadline calculator.

For Accountants

Take advantage of our extensive database of videos, case law and recent news.

Industry Case Studies

Find out the qualifying R&D activities specific to your industry.

Jackson, Mississippi

DISCOVERING NEW TECHNOLOGY IS REQUIRED TO REMAIN COMPETITIVE Without investment in research and development there is no way technology firms will be able to stay competitive and survive as a [...]

Top States for Doing Business 2016

How does your state rank for doing business? CNBC ranked all 50 states for business using a range of publicly available data.  They used a points-based system for each of the 10 categories of [...]

1 2
page 1 of 2
Recent Posts