The R&D tax credit is a 20% credit for incremental expenses incurred in domestic research and development activities. This credit benefits various businesses, but the vast majority of R&D claims at ...

In July, the IRS wrapped up its annual Dirty Dozen scams list, designed to warn taxpayers against abusive tax promotions. One practice mentioned is the improper claiming of business credits, ...

The expanded 2025 R&D Tax Credit guidelines now include more businesses across industries beyond traditional tech companies. Qualifying businesses can receive 14-20% of their R&D expenses as ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When the federal government created the research and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The oil and gas industry is no stranger to innovation, and ...

Innovation is the lifeblood of manufacturing. As a result, manufacturers must conduct research and develop new products, enhancements and production efficiencies on a regular basis to keep up with — ...

When it comes to the advanced industries that drive the modern economy — industries like aerospace, biopharmaceuticals, computing, machinery, semiconductors, software, and the internet — America is no ...

Signed into law on Aug. 16, 2022, the Inflation Reduction Act, P.L. 117- 169, included a package of tax credits intended to encourage investment in domestic energy and innovation. The Inflation ...

BOSTON--(BUSINESS WIRE)--Global consultancy Leyton today announced the launch of a new AI-powered algorithm that identifies thousands of businesses that may be eligible for the Research and ...

The IRS extended for another year, until Jan. 10, 2024, the transition period during which it will allow taxpayers 45 days to perfect a refund claim involving a Sec. 41 research and development (R&D) ...