R&D Tax Credits for Peoria, Illinois Businesses

Peoria, Illinois, is known for its strong presence in healthcare, education, manufacturing, and retail. Top companies in the city include OSF HealthCare, a major healthcare provider; Bradley University, a key educational institution; Caterpillar, a prominent manufacturing company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. The R&D Tax Credit can help these industries reduce tax liabilities, promote innovation, and enhance business performance. By utilizing the R&D Tax Credit, companies can reinvest savings into advanced research, employee training, and operational efficiencies, driving growth and competitiveness in Peoria’s economy.