The R&D tax credit is a dollar-for-dollar Federal and State tax credit for companies developing new or improved products and processes. It is one of the most lucrative tax incentives in the US tax code and became permanent in December 2015. Recent changes have broadened the benefits of the tax credit enabling companies of all sizes and from diverse industries to utilize the R&D credit. However, only 1 out of 20 eligible small to middle-market companies take advantage of the R&D tax credit largely due to misinterpretation and lack of knowledge on the R&D program.
This webinar will explain what you need to know about the credit and how to apply for it, so you can start increasing your business's funding today.
Discussion topics will include:
A thorough explanation of the R&D Tax Credit
What types of businesses and industries qualify
The qualifying expenses for the R&D Tax Credit
The product development life cycle: Where R&D starts and ends