Month: September 2021

The Obscure Research Credit

Article Highlights:Credit PurposeCredit AmountSimplified Credit CalculationFailure to Take Advantage of the CreditSmall Business FeaturesQualified Research ExpensesBusiness QualificationsAn obscure tax credit—generally referred to as the R&D (research and development) credit—was originally added to the tax code in 1981 as a two-year incentive for businesses and has been extended every year since, until it was recently made […]

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